Goldman Sachs Group Inc. Cuts Stock Holdings in Vanguard FTSE Europe ETF $VGK

Goldman Sachs Group Inc. trimmed its stake in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 10.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,626,765 shares of the exchange traded fund’s stock after selling 1,021,803 shares during the period. Goldman Sachs Group Inc. owned 2.46% of Vanguard FTSE Europe ETF worth $721,284,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Caprock Group LLC purchased a new position in Vanguard FTSE Europe ETF during the third quarter valued at $619,000. Elmwood Wealth Management Inc. purchased a new position in shares of Vanguard FTSE Europe ETF in the 4th quarter worth $582,000. Chesley Taft & Associates LLC increased its holdings 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. Armstrong Advisory Group Inc. increased its holdings in shares of Vanguard FTSE Europe ETF by 3.7% in the 4th quarter. Armstrong Advisory Group Inc. now owns 282,855 shares of the exchange traded fund’s stock worth $23,650,000 after buying an additional 10,009 shares during the last quarter. Finally, Sunesis Advisors LLC bought a new stake in shares of Vanguard FTSE Europe ETF in the 3rd quarter worth about $775,000.

Vanguard FTSE Europe ETF Trading Down 1.2%

Shares of NYSEARCA VGK opened at $87.90 on Thursday. Vanguard FTSE Europe ETF has a 12-month low of $74.24 and a 12-month high of $90.75. The firm’s 50-day moving average price is $86.43 and its 200-day moving average price is $85.38. The stock has a market capitalization of $31.11 billion, a price-to-earnings ratio of 16.04 and a beta of 0.85.

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