Brown Advisory Inc. Trims Stock Position in Vanguard FTSE Europe ETF (NYSEARCA:VGK)

Brown Advisory Inc. lessened its stake in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 20.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,647 shares of the exchange traded fund’s stock after selling 1,937 shares during the quarter. Brown Advisory Inc.’s holdings in Vanguard FTSE Europe ETF were worth $537,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VGK. Godsey & Gibb Inc. acquired a new position in shares of Vanguard FTSE Europe ETF in the 1st quarter valued at $28,000. GPS Wealth Strategies Group LLC acquired a new position in shares of Vanguard FTSE Europe ETF in the 1st quarter valued at $29,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Vanguard FTSE Europe ETF by 195.7% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 476 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 315 shares during the period. Topsail Wealth Management LLC acquired a new position in shares of Vanguard FTSE Europe ETF in the 4th quarter valued at $36,000. Finally, Proffitt & Goodson Inc. increased its holdings in shares of Vanguard FTSE Europe ETF by 203.4% in the 1st quarter. Proffitt & Goodson Inc. now owns 540 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 362 shares during the period.

Vanguard FTSE Europe ETF Price Performance

Shares of Vanguard FTSE Europe ETF stock opened at $77.75 on Tuesday. The firm’s fifty day simple moving average is $76.51 and its 200-day simple moving average is $71.45. The stock has a market capitalization of $26.40 billion, a price-to-earnings ratio of 16.04 and a beta of 0.95. Vanguard FTSE Europe ETF has a 12 month low of $62.02 and a 12 month high of $78.71.

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.