Independent Advisor Alliance Takes $626,000 Position in Vanguard FTSE Europe ETF (NYSEARCA:VGK)

Independent Advisor Alliance bought a new stake in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) during the 4th quarter, HoldingsChannel.com reports. The firm bought 9,862 shares of the exchange traded fund’s stock, valued at approximately $626,000.

Several other institutional investors have also made changes to their positions in VGK. Life Planning Partners Inc boosted its position in shares of Vanguard FTSE Europe ETF by 6,247.0% during the 4th quarter. Life Planning Partners Inc now owns 356,828 shares of the exchange traded fund’s stock valued at $22,648,000 after acquiring an additional 351,206 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard FTSE Europe ETF during the 4th quarter valued at about $19,460,000. Elm Partners Management LLC boosted its position in shares of Vanguard FTSE Europe ETF by 13.2% during the 3rd quarter. Elm Partners Management LLC now owns 1,903,789 shares of the exchange traded fund’s stock valued at $135,359,000 after acquiring an additional 222,398 shares in the last quarter. Citigroup Inc. grew its holdings in shares of Vanguard FTSE Europe ETF by 88.9% in the 3rd quarter. Citigroup Inc. now owns 462,675 shares of the exchange traded fund’s stock worth $32,896,000 after purchasing an additional 217,728 shares during the last quarter. Finally, Bank of Montreal Can increased its position in shares of Vanguard FTSE Europe ETF by 12.5% during the 3rd quarter. Bank of Montreal Can now owns 1,150,886 shares of the exchange traded fund’s stock worth $82,496,000 after purchasing an additional 127,592 shares in the last quarter.

Vanguard FTSE Europe ETF Stock Up 2.1 %

NYSEARCA:VGK opened at $72.46 on Monday. The firm has a market cap of $26.17 billion, a PE ratio of 18.02 and a beta of 0.99. Vanguard FTSE Europe ETF has a 12 month low of $62.58 and a 12 month high of $73.40. The company’s 50-day moving average price is $68.33 and its two-hundred day moving average price is $67.75.

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.