Teachers Insurance & Annuity Association of America Acquires New Position in Vanguard FTSE Europe ETF (NYSEARCA:VGK)

Teachers Insurance & Annuity Association of America acquired a new stake in Vanguard FTSE Europe ETF (NYSEARCA:VGK) during the third quarter, Holdings Channel reports. The firm acquired 1,000 shares of the exchange traded fund’s stock, valued at approximately $71,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VGK. POM Investment Strategies LLC raised its stake in Vanguard FTSE Europe ETF by 69.5% in the 2nd quarter. POM Investment Strategies LLC now owns 378 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 155 shares during the period. Northwest Investment Counselors LLC bought a new stake in shares of Vanguard FTSE Europe ETF during the third quarter valued at about $25,000. EverSource Wealth Advisors LLC bought a new stake in shares of Vanguard FTSE Europe ETF during the second quarter valued at about $27,000. Godsey & Gibb Inc. bought a new stake in shares of Vanguard FTSE Europe ETF during the third quarter valued at about $51,000. Finally, Kings Path Partners LLC bought a new stake in shares of Vanguard FTSE Europe ETF during the third quarter valued at about $59,000.

Vanguard FTSE Europe ETF Price Performance

Shares of VGK traded up $0.53 during midday trading on Thursday, hitting $65.32. 2,208,486 shares of the company traded hands, compared to its average volume of 2,075,027. The stock has a 50-day moving average of $68.11 and a 200-day moving average of $68.48. Vanguard FTSE Europe ETF has a one year low of $61.24 and a one year high of $72.08. The firm has a market cap of $18.97 billion, a P/E ratio of 14.09 and a beta of 0.85.

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.