Summit Asset Management LLC Sells 20,093 Shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK)

Summit Asset Management LLC lessened its holdings in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 25.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 58,028 shares of the exchange traded fund’s stock after selling 20,093 shares during the period. Vanguard FTSE Europe ETF comprises approximately 0.9% of Summit Asset Management LLC’s investment portfolio, making the stock its 21st biggest position. Summit Asset Management LLC’s holdings in Vanguard FTSE Europe ETF were worth $3,742,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. City Holding Co. bought a new stake in shares of Vanguard FTSE Europe ETF in the 4th quarter valued at about $26,000. ORG Partners LLC acquired a new stake in shares of Vanguard FTSE Europe ETF in the 4th quarter valued at approximately $27,000. BKM Wealth Management LLC acquired a new stake in shares of Vanguard FTSE Europe ETF in the 4th quarter valued at approximately $41,000. Ramirez Asset Management Inc. acquired a new stake in shares of Vanguard FTSE Europe ETF in the 3rd quarter valued at approximately $52,000. Finally, Provence Wealth Management Group bought a new stake in Vanguard FTSE Europe ETF in the 3rd quarter valued at $69,000.

Vanguard FTSE Europe ETF Stock Performance

VGK traded up $0.50 during trading hours on Thursday, reaching $66.04. The company’s stock had a trading volume of 1,924,653 shares, compared to its average volume of 2,303,414. The firm has a market cap of $19.18 billion, a PE ratio of 14.09 and a beta of 0.85. The company’s 50-day moving average is $66.24 and its 200-day moving average is $63.27. Vanguard FTSE Europe ETF has a 52 week low of $55.06 and a 52 week high of $67.78.

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.