Summit Asset Management LLC Sells 4,439 Shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK)

Summit Asset Management LLC trimmed its holdings in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 9.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 42,067 shares of the exchange traded fund’s stock after selling 4,439 shares during the period. Vanguard FTSE Europe ETF makes up approximately 0.6% of Summit Asset Management LLC’s holdings, making the stock its 26th largest position. Summit Asset Management LLC’s holdings in Vanguard FTSE Europe ETF were worth $2,991,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Schrum Private Wealth Management LLC bought a new position in shares of Vanguard FTSE Europe ETF in the 3rd quarter worth approximately $423,000. Carrera Capital Advisors bought a new stake in shares of Vanguard FTSE Europe ETF in the third quarter worth about $251,000. Aptus Capital Advisors LLC grew its holdings in shares of Vanguard FTSE Europe ETF by 15.0% in the third quarter. Aptus Capital Advisors LLC now owns 3,957 shares of the exchange traded fund’s stock valued at $281,000 after purchasing an additional 516 shares in the last quarter. Harbour Investments Inc. lifted its stake in shares of Vanguard FTSE Europe ETF by 5.5% in the 3rd quarter. Harbour Investments Inc. now owns 122,638 shares of the exchange traded fund’s stock valued at $8,720,000 after purchasing an additional 6,410 shares during the last quarter. Finally, Jupiter Wealth Management LLC purchased a new stake in shares of Vanguard FTSE Europe ETF in the third quarter valued at $145,000.

Vanguard FTSE Europe ETF Trading Down 0.6 %

Shares of NYSEARCA VGK opened at $64.77 on Thursday. The company has a 50 day simple moving average of $68.90 and a two-hundred day simple moving average of $68.61. Vanguard FTSE Europe ETF has a 12 month low of $59.69 and a 12 month high of $72.08. The stock has a market cap of $18.82 billion, a price-to-earnings 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.