Vanguard FTSE Europe ETF (NYSEARCA:VGK) Sees Strong Trading Volume – Here’s What Happened

Shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) saw unusually-high trading volume on Thursday . Approximately 3,437,407 shares were traded during mid-day trading, an increase of 55% from the previous session’s volume of 2,217,638 shares.The stock last traded at $73.02 and had previously closed at $73.09.

Vanguard FTSE Europe ETF Trading Down 1.1 %

The stock’s fifty day moving average price is $66.98 and its two-hundred day moving average price is $67.64. The stock has a market capitalization of $26.11 billion, a P/E ratio of 17.59 and a beta of 0.99.

Institutional Trading of Vanguard FTSE Europe ETF

A number of large investors have recently made changes to their positions in the stock. Blue Trust Inc. grew its position in Vanguard FTSE Europe ETF by 1.4% during the fourth quarter. Blue Trust Inc. now owns 5,434,940 shares of the exchange traded fund’s stock valued at $344,956,000 after buying an additional 76,585 shares during the period. Castlekeep Investment Advisors LLC bought a new stake in Vanguard FTSE Europe ETF during the fourth quarter valued at approximately $278,088,000. Vanguard Group Inc. grew its position in Vanguard FTSE Europe ETF by 6.4% during the fourth quarter. Vanguard Group Inc. now owns 2,784,133 shares of the exchange traded fund’s stock valued at $176,709,000 after buying an additional 168,536 shares during the period. Bank of America Corp DE grew its position in Vanguard FTSE Europe ETF by 17.2% during the fourth quarter. Bank of America Corp DE now owns 2,069,231 shares of the exchange traded fund’s stock valued at $131,334,000 after buying an additional 303,380 shares during the period. Finally, HighTower Advisors LLC grew its position in Vanguard FTSE Europe ETF by 8.1% during the fourth quarter. HighTower Advisors LLC now owns 1,909,574 shares of the exchange traded fund’s stock valued at $121,201,000 after buying an additional 143,730 shares during the period.

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.