Elm Partners Management LLC Has $97.82 Million Position in Vanguard FTSE Europe ETF (NYSEARCA:VGK)

Elm Partners Management LLC cut its holdings in Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 19.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,541,194 shares of the exchange traded fund’s stock after selling 362,595 shares during the quarter. Vanguard FTSE Europe ETF accounts for approximately 6.7% of Elm Partners Management LLC’s holdings, making the stock its 6th largest position. Elm Partners Management LLC owned approximately 0.53% of Vanguard FTSE Europe ETF worth $97,820,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VGK. Life Planning Partners Inc lifted its position in Vanguard FTSE Europe ETF by 6,247.0% during the fourth quarter. Life Planning Partners Inc now owns 356,828 shares of the exchange traded fund’s stock valued at $22,648,000 after purchasing an additional 351,206 shares during the period. Raymond James Financial Inc. bought a new position in shares of Vanguard FTSE Europe ETF during the 4th quarter valued at $19,460,000. Wealthfront Advisers LLC boosted its stake in shares of Vanguard FTSE Europe ETF by 3,001.7% in the 4th quarter. Wealthfront Advisers LLC now owns 227,200 shares of the exchange traded fund’s stock worth $14,420,000 after buying an additional 219,875 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Vanguard FTSE Europe ETF by 6.4% in the fourth quarter. Vanguard Group Inc. now owns 2,784,133 shares of the exchange traded fund’s stock worth $176,709,000 after acquiring an additional 168,536 shares during the period. Finally, Madison Investment Advisors LLC purchased a new stake in Vanguard FTSE Europe ETF during the fourth quarter valued at $9,960,000.

Vanguard FTSE Europe ETF Stock Performance

Shares of NYSEARCA:VGK opened at $68.29 on Friday. The stock’s 50-day simple moving average is $69.96 and its two-hundred day simple moving average is $67.70. The stock has a market capitalization of $24.66 billion, a price-to-earnings ratio of 17.12 and a beta of 0.91. Vanguard FTSE Europe ETF has a 52-week low of $62.02 and a 52-week high of $73.72.

Vanguard FTSE Europe ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were issued a $0.2935 dividend. The ex-dividend date was Friday, March 21st.

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.