Geneos Wealth Management Inc. Trims Stake in Vanguard FTSE Europe ETF $VGK

Geneos Wealth Management Inc. lessened its position in Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 56.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 7,766 shares of the exchange traded fund’s stock after selling 10,149 shares during the period. Geneos Wealth Management Inc.’s holdings in Vanguard FTSE Europe ETF were worth $640,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in Vanguard FTSE Europe ETF by 11.7% in the fourth quarter. JPMorgan Chase & Co. now owns 44,594,011 shares of the exchange traded fund’s stock worth $3,728,505,000 after purchasing an additional 4,677,424 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Vanguard FTSE Europe ETF by 43.3% during the second quarter. Bank of America Corp DE now owns 3,109,288 shares of the exchange traded fund’s stock valued at $240,970,000 after buying an additional 939,927 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of Vanguard FTSE Europe ETF by 17,392.2% in the first quarter. Fifth Third Bancorp now owns 864,989 shares of the exchange traded fund’s stock worth $71,301,000 after buying an additional 860,044 shares during the period. Alliancebernstein L.P. raised its holdings in shares of Vanguard FTSE Europe ETF by 66.8% in the second quarter. Alliancebernstein L.P. now owns 1,851,240 shares of the exchange traded fund’s stock worth $143,471,000 after buying an additional 741,459 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of Vanguard FTSE Europe ETF by 155.2% in the second quarter. Raymond James Financial Inc. now owns 867,675 shares of the exchange traded fund’s stock worth $67,245,000 after buying an additional 527,738 shares during the period.

Vanguard FTSE Europe ETF Stock Performance

Shares of VGK stock opened at $88.59 on Monday. The stock has a 50 day moving average price of $88.31 and a 200 day moving average price of $86.88. Vanguard FTSE Europe ETF has a 52-week low of $74.79 and a 52-week high of $90.75. The firm has a market capitalization of $30.01 billion, a P/E ratio of 16.04 and a beta of 0.84.

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