Avalon Capital Management Makes New $5.56 Million Investment in Vanguard FTSE Europe ETF (NYSEARCA:VGK)

Avalon Capital Management purchased a new stake in Vanguard FTSE Europe ETF (NYSEARCA:VGK) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 79,143 shares of the exchange traded fund’s stock, valued at approximately $5,557,000. Vanguard FTSE Europe ETF comprises approximately 1.6% of Avalon Capital Management’s investment portfolio, making the stock its 20th largest position.

Other large investors have also modified their holdings of the company. Oppenheimer & Co. Inc. lifted its stake in shares of Vanguard FTSE Europe ETF by 51.0% in the 1st quarter. Oppenheimer & Co. Inc. now owns 11,013 shares of the exchange traded fund’s stock valued at $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 purchasing an additional 1,913 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Vanguard FTSE Europe ETF in the 1st quarter valued at $395,000. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard FTSE Europe ETF by 1.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 123,923 shares of the exchange traded fund’s stock valued at $7,865,000 after purchasing an additional 1,293 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its stake in shares of Vanguard FTSE Europe ETF by 6.6% in the 1st quarter. Park Avenue Securities LLC now owns 5,838 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 361 shares during the last quarter.

Vanguard FTSE Europe ETF Stock Up 0.2%

Shares of Vanguard FTSE Europe ETF stock opened at $78.87 on Monday. The firm has a market cap of $26.79 billion, a PE ratio of 16.04 and a beta of 0.95. Vanguard FTSE Europe ETF has a 52 week low of $62.02 and a 52 week high of $79.57. The business’s fifty day simple moving average is $77.22 and its 200-day simple moving average is $72.44.

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.