Vanguard FTSE Europe ETF (NYSEARCA:VGK) Sets New 52-Week High – Should You Buy?

Vanguard FTSE Europe ETF (NYSEARCA:VGK)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $90.75 and last traded at $90.64, with a volume of 1007997 shares traded. The stock had previously closed at $88.86.

Vanguard FTSE Europe ETF Trading Up 2.1%

The firm has a 50 day moving average of $88.53 and a 200-day moving average of $87.11. The company has a market cap of $30.73 billion, a P/E ratio of 16.04 and a beta of 0.84.

Institutional Investors Weigh In On Vanguard FTSE Europe ETF

Several institutional investors and hedge funds have recently modified their holdings of VGK. Westside Investment Management Inc. boosted its position in shares of Vanguard FTSE Europe ETF by 0.9% during the fourth quarter. Westside Investment Management Inc. now owns 12,930 shares of the exchange traded fund’s stock worth $1,081,000 after acquiring an additional 116 shares during the last quarter. Nwam LLC increased its holdings in Vanguard FTSE Europe ETF by 0.8% in the 1st quarter. Nwam LLC now owns 14,978 shares of the exchange traded fund’s stock valued at $1,235,000 after acquiring an additional 117 shares during the last quarter. Aspen Grove Capital LLC increased its holdings in Vanguard FTSE Europe ETF by 0.9% in the 4th quarter. Aspen Grove Capital LLC now owns 12,946 shares of the exchange traded fund’s stock valued at $1,082,000 after acquiring an additional 120 shares during the last quarter. Excelsior Advisor Network LLC lifted its stake in Vanguard FTSE Europe ETF by 1.7% in the 1st quarter. Excelsior Advisor Network LLC now owns 7,037 shares of the exchange traded fund’s stock worth $580,000 after purchasing an additional 120 shares in the last quarter. Finally, Stock Yards Bank & Trust Co. boosted its holdings in shares of Vanguard FTSE Europe ETF by 3.7% during the 4th quarter. Stock Yards Bank & Trust Co. now owns 3,416 shares of the exchange traded fund’s stock valued at $286,000 after purchasing an additional 123 shares during the last quarter.

About Vanguard FTSE Europe ETF

Vanguard European Stock Index Fund is an exchange-traded fund. The Fund seeks to track the performance of a benchmark index that measures the investment return of stocks issued by Companies located in the markets of Europe. The Fund on focuses indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Europe All Cap Index. The Fund’s investment advisor is The Vanguard Group, Inc