Montecito Bank & Trust Sells 23,159 Shares of Vanguard FTSE Europe ETF $VGK

Montecito Bank & Trust lessened its holdings in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 42.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,738 shares of the exchange traded fund’s stock after selling 23,159 shares during the period. Montecito Bank & Trust’s holdings in Vanguard FTSE Europe ETF were worth $2,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cherry Tree Wealth Management LLC raised its stake in shares of Vanguard FTSE Europe ETF by 13.4% during the 2nd quarter. Cherry Tree Wealth Management LLC now owns 1,084 shares of the exchange traded fund’s stock valued at $96,000 after buying an additional 128 shares during the last quarter. Capital Analysts LLC lifted its holdings in shares of Vanguard FTSE Europe ETF by 20.8% in the 2nd quarter. Capital Analysts LLC now owns 7,133 shares of the exchange traded fund’s stock valued at $631,000 after buying an additional 1,229 shares during the period. SVB Wealth LLC purchased a new stake in shares of Vanguard FTSE Europe ETF in the second quarter worth about $229,000. Integrated Wealth Concepts LLC boosted its stake in shares of Vanguard FTSE Europe ETF by 6.5% in the second quarter. Integrated Wealth Concepts LLC now owns 15,437 shares of the exchange traded fund’s stock worth $1,367,000 after buying an additional 946 shares during the last quarter. Finally, RFG Advisory LLC acquired a new stake in Vanguard FTSE Europe ETF during the second quarter worth about $237,000.

Vanguard FTSE Europe ETF Price Performance

VGK stock traded down $1.31 during trading on Thursday, hitting $85.49. 4,092,311 shares of the company traded hands, compared to its average volume of 3,146,507. The stock’s 50-day simple moving average is $90.58 and its 200 day simple moving average is $88.17. The company has a market cap of $28.97 billion, a PE ratio of 16.04 and a beta of 0.84. Vanguard FTSE Europe ETF has a 1 year low of $77.87 and a 1 year high of $93.29.

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