Vanguard FTSE Europe ETF (NYSEARCA:VGK) Reaches New 52-Week High – Here’s What Happened

Vanguard FTSE Europe ETF (NYSEARCA:VGK)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $91.96 and last traded at $91.84, with a volume of 1999289 shares. The stock had previously closed at $90.93.

Vanguard FTSE Europe ETF Stock Up 1.0%

The company has a market cap of $31.12 billion, a P/E ratio of 16.04 and a beta of 0.84. The firm’s 50 day moving average is $88.72 and its two-hundred day moving average is $87.25.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC raised its position in shares of Vanguard FTSE Europe ETF by 12.6% during the fourth quarter. Brighton Jones LLC now owns 8,574 shares of the exchange traded fund’s stock worth $544,000 after acquiring an additional 961 shares during the last quarter. Capstone Wealth Management Group LLC bought a new stake in Vanguard FTSE Europe ETF in the first quarter valued at approximately $754,000. Millennium Management LLC increased its position in Vanguard FTSE Europe ETF by 408.2% during the 1st quarter. Millennium Management LLC now owns 70,791 shares of the exchange traded fund’s stock valued at $4,970,000 after purchasing an additional 56,862 shares during the period. Brown Advisory Inc. increased its position in Vanguard FTSE Europe ETF by 10.1% during the 2nd quarter. Brown Advisory Inc. now owns 8,422 shares of the exchange traded fund’s stock valued at $653,000 after purchasing an additional 775 shares during the period. Finally, Gamco Investors INC. ET AL bought a new position in Vanguard FTSE Europe ETF during the 2nd quarter worth approximately $287,000.

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