Summit Asset Management LLC Trims Stake in Vanguard FTSE Europe ETF (NYSEARCA:VGK)

Summit Asset Management LLC trimmed its stake in Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 16.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,006 shares of the exchange traded fund’s stock after selling 7,061 shares during the period. Summit Asset Management LLC’s holdings in Vanguard FTSE Europe ETF were worth $2,222,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. CWM LLC increased its stake in Vanguard FTSE Europe ETF by 633.2% in the 3rd quarter. CWM LLC now owns 1,481 shares of the exchange traded fund’s stock worth $105,000 after buying an additional 1,279 shares in the last quarter. Foundations Investment Advisors LLC purchased a new stake in Vanguard FTSE Europe ETF in the 3rd quarter worth $244,000. Sequoia Financial Advisors LLC purchased a new stake in Vanguard FTSE Europe ETF in the 3rd quarter worth $268,000. CWC Advisors LLC. purchased a new stake in Vanguard FTSE Europe ETF in the 3rd quarter worth $349,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Vanguard FTSE Europe ETF by 6.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 118,302 shares of the exchange traded fund’s stock worth $8,411,000 after buying an additional 7,115 shares in the last quarter.

Vanguard FTSE Europe ETF Stock Performance

Shares of VGK stock opened at $69.93 on Friday. Vanguard FTSE Europe ETF has a 52-week low of $62.58 and a 52-week high of $72.08. The firm has a market capitalization of $20.31 billion, a PE ratio of 14.09 and a beta of 0.85. The stock has a fifty day simple moving average of $66.13 and a two-hundred day simple moving average of $67.47.

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.