Wellspring Financial Advisors LLC Invests $724,000 in Vanguard FTSE Europe ETF $VGK

Wellspring Financial Advisors LLC bought a new position in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) in the fourth quarter, HoldingsChannel reports. The firm bought 8,655 shares of the exchange traded fund’s stock, valued at approximately $724,000.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. increased its stake in Vanguard FTSE Europe ETF by 11.7% in the 4th quarter. JPMorgan Chase & Co. now owns 44,594,011 shares of the exchange traded fund’s stock valued at $3,728,505,000 after purchasing an additional 4,677,424 shares in the last quarter. Bank of America Corp DE increased its position in Vanguard FTSE Europe ETF by 43.3% during the second quarter. Bank of America Corp DE now owns 3,109,288 shares of the exchange traded fund’s stock worth $240,970,000 after buying an additional 939,927 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of Vanguard FTSE Europe ETF by 66.8% in the second quarter. Alliancebernstein L.P. now owns 1,851,240 shares of the exchange traded fund’s stock worth $143,471,000 after acquiring an additional 741,459 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Vanguard FTSE Europe ETF by 155.2% in the second quarter. Raymond James Financial Inc. now owns 867,675 shares of the exchange traded fund’s stock valued at $67,245,000 after acquiring an additional 527,738 shares in the last quarter. Finally, BFI Infinity Ltd. lifted its position in shares of Vanguard FTSE Europe ETF by 205.0% in the fourth quarter. BFI Infinity Ltd. now owns 230,553 shares of the exchange traded fund’s stock valued at $19,277,000 after acquiring an additional 450,046 shares in the last quarter.

Vanguard FTSE Europe ETF Stock Down 1.4%

VGK stock opened at $86.69 on Thursday. The stock has a market capitalization of $30.68 billion, a price-to-earnings ratio of 16.04 and a beta of 0.84. Vanguard FTSE Europe ETF has a 52-week low of $74.24 and a 52-week high of $90.75. The stock’s fifty day simple moving average is $87.15 and its 200-day simple moving average is $85.66.

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