Vanguard FTSE Europe ETF (NYSEARCA:VGK) Reaches New 12-Month High – Still a Buy?

Vanguard FTSE Europe ETF (NYSEARCA:VGK) hit a new 52-week high on Friday . The company traded as high as $74.22 and last traded at $74.21, with a volume of 423483 shares trading hands. The stock had previously closed at $72.65.

Vanguard FTSE Europe ETF Stock Up 2.1 %

The firm has a market capitalization of $26.79 billion, a price-to-earnings ratio of 16.94 and a beta of 0.91. The company has a fifty day moving average price of $70.49 and a two-hundred day moving average price of $67.85.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Godsey & Gibb Inc. acquired a new stake in shares of Vanguard FTSE Europe ETF in the 1st quarter valued at approximately $28,000. GPS Wealth Strategies Group LLC acquired a new position in Vanguard FTSE Europe ETF during the first quarter worth about $29,000. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Vanguard FTSE Europe ETF in the fourth quarter valued at about $27,000. Modus Advisors LLC acquired a new stake in shares of Vanguard FTSE Europe ETF in the fourth quarter valued at approximately $27,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Vanguard FTSE Europe ETF by 195.7% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 476 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 315 shares in 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.