The Manufacturers Life Insurance Company Cuts Stake in Vanguard FTSE Europe ETF $VGK

The Manufacturers Life Insurance Company lessened its stake in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 17.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 105,898 shares of the exchange traded fund’s stock after selling 22,510 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Vanguard FTSE Europe ETF were worth $8,729,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in shares of Vanguard FTSE Europe ETF by 11.7% during the 4th quarter. JPMorgan Chase & Co. now owns 44,594,011 shares of the exchange traded fund’s stock valued at $3,728,505,000 after buying an additional 4,677,424 shares during the period. Municipal Employees Retirement System of Michigan lifted its position in Vanguard FTSE Europe ETF by 3.4% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 9,136,296 shares of the exchange traded fund’s stock worth $763,886,000 after acquiring an additional 300,845 shares in the last quarter. Asset Management One Co. Ltd. boosted its holdings in Vanguard FTSE Europe ETF by 0.7% in the 4th quarter. Asset Management One Co. Ltd. now owns 6,294,468 shares of the exchange traded fund’s stock worth $526,658,000 after acquiring an additional 40,667 shares during the period. Vanguard Group Inc. grew its position in Vanguard FTSE Europe ETF by 8.7% in the fourth quarter. Vanguard Group Inc. now owns 4,379,766 shares of the exchange traded fund’s stock valued at $366,192,000 after acquiring an additional 349,648 shares in the last quarter. Finally, UBS Group AG grew its position in Vanguard FTSE Europe ETF by 0.4% in the fourth quarter. UBS Group AG now owns 3,519,945 shares of the exchange traded fund’s stock valued at $294,303,000 after acquiring an additional 14,157 shares in the last quarter.

Vanguard FTSE Europe ETF Stock Up 1.0%

VGK opened at $91.84 on Wednesday. The firm has a market capitalization of $31.12 billion, a P/E ratio of 16.04 and a beta of 0.84. The firm’s 50 day moving average is $88.72 and its 200-day moving average is $87.25. Vanguard FTSE Europe ETF has a 52-week low of $75.99 and a 52-week high of $91.96.

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. The Fund’s investment advisor is The Vanguard Group, Inc