Vanguard FTSE Europe ETF (NYSEARCA:VGK) Reaches New 1-Year High – Still a Buy?

Shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $86.52 and last traded at $86.2990, with a volume of 491880 shares traded. The stock had previously closed at $85.81.

Vanguard FTSE Europe ETF Price Performance

The business’s 50-day simple moving average is $83.17 and its two-hundred day simple moving average is $80.55. The stock has a market cap of $30.55 billion, a price-to-earnings ratio of 16.04 and a beta of 0.93.

Institutional Investors Weigh In On Vanguard FTSE Europe ETF

Several hedge funds have recently added to or reduced their stakes in the business. Westside Investment Management Inc. lifted its stake in Vanguard FTSE Europe ETF by 0.9% during the 4th quarter. Westside Investment Management Inc. now owns 12,930 shares of the exchange traded fund’s stock valued at $1,081,000 after acquiring an additional 116 shares during the period. Stock Yards Bank & Trust Co. increased its stake in shares of Vanguard FTSE Europe ETF by 3.7% in the fourth quarter. Stock Yards Bank & Trust Co. now owns 3,416 shares of the exchange traded fund’s stock worth $286,000 after acquiring an additional 123 shares during the period. Family Wealth Partners LLC raised its holdings in shares of Vanguard FTSE Europe ETF by 0.5% during the fourth quarter. Family Wealth Partners LLC now owns 23,083 shares of the exchange traded fund’s stock worth $1,930,000 after purchasing an additional 124 shares during the last quarter. International Private Wealth Advisors LLC lifted its position in Vanguard FTSE Europe ETF by 4.2% during the third quarter. International Private Wealth Advisors LLC now owns 3,114 shares of the exchange traded fund’s stock valued at $248,000 after purchasing an additional 126 shares during the period. Finally, Glass Jacobson Investment Advisors llc boosted its holdings in Vanguard FTSE Europe ETF by 12.0% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,200 shares of the exchange traded fund’s stock valued at $96,000 after purchasing an additional 129 shares during the last quarter.

Vanguard FTSE Europe ETF Company Profile

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