Penobscot Wealth Management Cuts Stock Position in Vanguard FTSE Europe ETF $VGK

Penobscot Wealth Management reduced its position in Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 16.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,981 shares of the exchange traded fund’s stock after selling 585 shares during the quarter. Penobscot Wealth Management’s holdings in Vanguard FTSE Europe ETF were worth $231,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in shares of Vanguard FTSE Europe ETF by 32.8% in the 1st quarter. JPMorgan Chase & Co. now owns 35,505,505 shares of the exchange traded fund’s stock valued at $2,492,843,000 after acquiring an additional 8,767,138 shares during the last quarter. Mather Group LLC. lifted its stake in shares of Vanguard FTSE Europe ETF by 249.4% in the 2nd quarter. Mather Group LLC. now owns 8,332,294 shares of the exchange traded fund’s stock valued at $645,753,000 after acquiring an additional 5,947,219 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in shares of Vanguard FTSE Europe ETF by 71.9% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 6,435,286 shares of the exchange traded fund’s stock valued at $451,821,000 after acquiring an additional 2,692,667 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Vanguard FTSE Europe ETF by 15.8% in the 1st quarter. Vanguard Group Inc. now owns 3,223,698 shares of the exchange traded fund’s stock valued at $226,336,000 after acquiring an additional 439,565 shares during the last quarter. Finally, Angeles Investment Advisors LLC bought a new stake in shares of Vanguard FTSE Europe ETF in the 1st quarter valued at about $191,989,000.

Vanguard FTSE Europe ETF Trading Up 0.1%

NYSEARCA VGK opened at $81.29 on Monday. Vanguard FTSE Europe ETF has a 1-year low of $62.02 and a 1-year high of $81.46. The stock has a 50-day moving average of $79.59 and a 200-day moving average of $77.01. The firm has a market cap of $28.05 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.