Cambria Investment Management L.P. Invests $1.11 Million in Vanguard FTSE Europe ETF $VGK

Cambria Investment Management L.P. bought a new stake in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,949 shares of the exchange traded fund’s stock, valued at approximately $1,113,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CIBC Private Wealth Group LLC lifted its position in Vanguard FTSE Europe ETF by 52.8% during the third quarter. CIBC Private Wealth Group LLC now owns 30,402 shares of the exchange traded fund’s stock valued at $2,426,000 after purchasing an additional 10,505 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of Vanguard FTSE Europe ETF in the 3rd quarter worth about $2,523,000. Asset Dedication LLC increased its holdings in shares of Vanguard FTSE Europe ETF by 6.3% in the 3rd quarter. Asset Dedication LLC now owns 3,991 shares of the exchange traded fund’s stock worth $318,000 after buying an additional 236 shares during the last quarter. Captrust Financial Advisors raised its position in shares of Vanguard FTSE Europe ETF by 19.0% during the 3rd quarter. Captrust Financial Advisors now owns 28,180 shares of the exchange traded fund’s stock valued at $2,249,000 after buying an additional 4,497 shares in the last quarter. Finally, Advisory Services Network LLC raised its position in shares of Vanguard FTSE Europe ETF by 6.6% during the 3rd quarter. Advisory Services Network LLC now owns 42,146 shares of the exchange traded fund’s stock valued at $3,363,000 after buying an additional 2,596 shares in the last quarter.

Vanguard FTSE Europe ETF Trading Down 0.3%

Shares of NYSEARCA:VGK opened at $82.03 on Friday. The company has a market cap of $28.82 billion, a price-to-earnings ratio of 16.04 and a beta of 0.93. Vanguard FTSE Europe ETF has a 12 month low of $62.02 and a 12 month high of $90.75. The company has a 50-day moving average price of $86.97 and a 200 day moving average price of $83.07.

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