Index Fund Advisors Inc. Makes New Investment in Vanguard FTSE Europe ETF (NYSEARCA:VGK)

Index Fund Advisors Inc. acquired a new stake in Vanguard FTSE Europe ETF (NYSEARCA:VGK) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,543 shares of the exchange traded fund’s stock, valued at approximately $252,000.

A number of other hedge funds also recently modified their holdings of VGK. Bank of Montreal Can raised its holdings in Vanguard FTSE Europe ETF by 749.2% in the 2nd quarter. Bank of Montreal Can now owns 1,023,294 shares of the exchange traded fund’s stock valued at $69,400,000 after acquiring an additional 902,797 shares during the period. Victory Capital Management Inc. grew its position in shares of Vanguard FTSE Europe ETF by 78.9% in the second quarter. Victory Capital Management Inc. now owns 1,774,633 shares of the exchange traded fund’s stock valued at $118,492,000 after purchasing an additional 782,919 shares during the last quarter. Mather Group LLC. increased its stake in shares of Vanguard FTSE Europe ETF by 5.0% during the second quarter. Mather Group LLC. now owns 8,028,060 shares of the exchange traded fund’s stock worth $540,610,000 after purchasing an additional 385,044 shares during the period. Angeles Investment Advisors LLC acquired a new stake in Vanguard FTSE Europe ETF during the 2nd quarter worth approximately $20,932,000. Finally, Blue Trust Inc. increased its position in Vanguard FTSE Europe ETF by 5.1% during the 1st quarter. Blue Trust Inc. now owns 5,357,886 shares of the exchange traded fund’s stock worth $360,800,000 after buying an additional 259,252 shares during the period.

Vanguard FTSE Europe ETF Stock Up 0.7 %

Shares of VGK traded up $0.50 during midday trading on Thursday, reaching $68.62. 155,042 shares of the stock were exchanged, compared to its average volume of 2,041,541. The stock’s 50 day simple moving average is $69.75 and its 200 day simple moving average is $68.45. Vanguard FTSE Europe ETF has a twelve month low of $55.06 and a twelve month high of $72.08. The company has a market cap of $19.93 billion, a P/E ratio of 14.09 and a beta of 0.85.

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.