Armstrong Advisory Group Inc. Makes New Investment in Vanguard FTSE Europe ETF $VGK

Armstrong Advisory Group Inc. purchased a new position in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 264,182 shares of the exchange traded fund’s stock, valued at approximately $20,474,000. Vanguard FTSE Europe ETF accounts for about 1.6% of Armstrong Advisory Group Inc.’s portfolio, making the stock its 18th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. lifted its stake in Vanguard FTSE Europe ETF by 51.0% during the first quarter. Oppenheimer & Co. Inc. now owns 11,013 shares of the exchange traded fund’s stock worth $773,000 after purchasing an additional 3,720 shares during the last quarter. CWM LLC lifted its stake in shares of Vanguard FTSE Europe ETF by 70.2% in the 1st quarter. CWM LLC now owns 4,637 shares of the exchange traded fund’s stock valued at $326,000 after acquiring an additional 1,913 shares during the last quarter. Harbour Investments Inc. lifted its stake in shares of Vanguard FTSE Europe ETF by 3.3% in the 1st quarter. Harbour Investments Inc. now owns 129,697 shares of the exchange traded fund’s stock valued at $9,106,000 after acquiring an additional 4,202 shares during the last quarter. Fiduciary Alliance LLC lifted its stake in shares of Vanguard FTSE Europe ETF by 11.5% in the 2nd quarter. Fiduciary Alliance LLC now owns 7,816 shares of the exchange traded fund’s stock valued at $606,000 after acquiring an additional 809 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in shares of Vanguard FTSE Europe ETF in the 1st quarter valued at about $395,000.

Vanguard FTSE Europe ETF Trading Down 0.7%

NYSEARCA VGK opened at $79.13 on Monday. Vanguard FTSE Europe ETF has a 1-year low of $62.02 and a 1-year high of $80.27. The stock has a 50-day moving average of $78.22 and a 200-day moving average of $75.26. The firm has a market cap of $26.65 billion, a PE ratio of 16.04 and a beta of 0.95.

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.