Vanguard FTSE Europe ETF $VGK is Municipal Employees Retirement System of Michigan’s 4th Largest Position

Municipal Employees Retirement System of Michigan lifted its holdings in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 37.3% in the second quarter, HoldingsChannel reports. The firm owned 8,835,451 shares of the exchange traded fund’s stock after acquiring an additional 2,400,165 shares during the period. Vanguard FTSE Europe ETF makes up about 8.2% of Municipal Employees Retirement System of Michigan’s portfolio, making the stock its 4th biggest holding. Municipal Employees Retirement System of Michigan’s holdings in Vanguard FTSE Europe ETF were worth $684,747,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of VGK. Oppenheimer & Co. Inc. boosted its holdings 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 holdings in shares of Vanguard FTSE Europe ETF by 70.2% during 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 in the last quarter. Harbour Investments Inc. lifted its holdings in shares of Vanguard FTSE Europe ETF by 3.3% during 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 in the last quarter. Fiduciary Alliance LLC lifted its holdings in 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 worth $606,000 after buying an additional 809 shares in the last quarter. Finally, Assetmark Inc. lifted its holdings in Vanguard FTSE Europe ETF by 19.8% in the 1st quarter. Assetmark Inc. now owns 22,397 shares of the exchange traded fund’s stock worth $1,572,000 after buying an additional 3,698 shares in the last quarter.

Vanguard FTSE Europe ETF Price Performance

Shares of VGK stock opened at $81.48 on Wednesday. Vanguard FTSE Europe ETF has a 12 month low of $62.02 and a 12 month high of $81.75. The firm has a market capitalization of $28.11 billion, a P/E ratio of 16.04 and a beta of 0.93. The company’s fifty day moving average price is $79.70 and its two-hundred day moving average price is $77.22.

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.