MinichMacGregor Wealth Management LLC Has $11 Million Stock Holdings in Vanguard FTSE Europe ETF $VGK

MinichMacGregor Wealth Management LLC boosted its position in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 24.9% during the 1st quarter, HoldingsChannel reports. The fund owned 133,411 shares of the exchange traded fund’s stock after buying an additional 26,581 shares during the quarter. Vanguard FTSE Europe ETF makes up approximately 1.9% of MinichMacGregor Wealth Management LLC’s investment portfolio, making the stock its 20th biggest holding. MinichMacGregor Wealth Management LLC’s holdings in Vanguard FTSE Europe ETF were worth $10,997,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in VGK. Elmwood Wealth Management Inc. acquired a new stake in shares of Vanguard FTSE Europe ETF during the 4th quarter valued at about $582,000. Chesley Taft & Associates LLC raised its position in Vanguard FTSE Europe ETF by 32.0% in the fourth quarter. Chesley Taft & Associates LLC now owns 41,225 shares of the exchange traded fund’s stock worth $3,447,000 after purchasing an additional 9,984 shares in the last quarter. Armstrong Advisory Group Inc. raised its position in Vanguard FTSE Europe ETF by 3.7% in the fourth quarter. Armstrong Advisory Group Inc. now owns 282,855 shares of the exchange traded fund’s stock worth $23,650,000 after purchasing an additional 10,009 shares in the last quarter. DAVENPORT & Co LLC lifted its stake in Vanguard FTSE Europe ETF by 309.6% during the fourth quarter. DAVENPORT & Co LLC now owns 11,079 shares of the exchange traded fund’s stock worth $926,000 after purchasing an additional 8,374 shares during the period. Finally, Maseco LLP bought a new position in Vanguard FTSE Europe ETF during the fourth quarter worth about $730,000.

Vanguard FTSE Europe ETF Trading Down 0.2%

NYSEARCA VGK opened at $86.95 on Thursday. The stock’s 50 day moving average is $87.93 and its two-hundred day moving average is $86.22. The company has a market capitalization of $30.77 billion, a price-to-earnings ratio of 16.04 and a beta of 0.84. Vanguard FTSE Europe ETF has a 1-year low of $74.79 and a 1-year high of $90.75.

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