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

Vanguard FTSE Europe ETF (NYSEARCA:VGK)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $82.75 and last traded at $82.61, with a volume of 2286734 shares trading hands. The stock had previously closed at $81.61.

Vanguard FTSE Europe ETF Stock Up 1.2%

The firm has a 50 day moving average of $80.71 and a two-hundred day moving average of $78.89. The firm has a market capitalization of $28.50 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 and other institutional investors have recently made changes to their positions in the stock. ORG Wealth Partners LLC boosted its position in Vanguard FTSE Europe ETF by 72.6% in the third quarter. ORG Wealth Partners LLC now owns 309 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 130 shares in the last quarter. North Star Investment Management Corp. lifted its stake in shares of Vanguard FTSE Europe ETF by 833.3% in the 2nd quarter. North Star Investment Management Corp. now owns 364 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 325 shares during the last quarter. Beaird Harris Wealth Management LLC bought a new position in shares of Vanguard FTSE Europe ETF in the 3rd quarter valued at $28,000. Kilter Group LLC acquired a new stake in shares of Vanguard FTSE Europe ETF during the 2nd quarter valued at $30,000. Finally, JPL Wealth Management LLC acquired a new stake in shares of Vanguard FTSE Europe ETF during the 3rd quarter valued at $35,000.

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.