Madison Asset Management LLC Reduces Stock Position in Vanguard FTSE Europe ETF $VGK

Madison Asset Management LLC cut its stake in Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 43.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 149,407 shares of the exchange traded fund’s stock after selling 116,753 shares during the quarter. Madison Asset Management LLC’s holdings in Vanguard FTSE Europe ETF were worth $12,316,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Chesley Taft & Associates LLC boosted its stake in shares of Vanguard FTSE Europe ETF by 32.0% in the 4th quarter. Chesley Taft & Associates LLC now owns 41,225 shares of the exchange traded fund’s stock worth $3,447,000 after buying an additional 9,984 shares during the last quarter. DAVENPORT & Co LLC increased its position in Vanguard FTSE Europe ETF by 309.6% during the fourth quarter. DAVENPORT & Co LLC now owns 11,079 shares of the exchange traded fund’s stock valued at $926,000 after acquiring an additional 8,374 shares during the last quarter. Maseco LLP bought a new position in Vanguard FTSE Europe ETF in the fourth quarter valued at about $730,000. BHK Investment Advisors LLC lifted its holdings in Vanguard FTSE Europe ETF by 9.8% in the fourth quarter. BHK Investment Advisors LLC now owns 65,404 shares of the exchange traded fund’s stock valued at $5,468,000 after acquiring an additional 5,844 shares during the period. Finally, UBS Group AG lifted its holdings 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 during the period.

Vanguard FTSE Europe ETF Stock Performance

Shares of NYSEARCA:VGK opened at $88.76 on Wednesday. The stock’s 50-day simple moving average is $88.34 and its two-hundred day simple moving average is $86.94. The stock has a market capitalization of $30.07 billion, a price-to-earnings ratio of 16.04 and a beta of 0.84. Vanguard FTSE Europe ETF has a 52-week low of $74.79 and a 52-week high of $90.75.

Vanguard FTSE Europe ETF 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