Gemmer Asset Management LLC Raises Holdings in Vanguard FTSE Europe ETF (VGK)

Gemmer Asset Management LLC raised its position in Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 77.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,091 shares of the exchange traded fund’s stock after buying an additional 40,184 shares during the quarter. Vanguard FTSE Europe ETF accounts for 1.9% of Gemmer Asset Management LLC’s holdings, making the stock its 16th biggest holding. Gemmer Asset Management LLC’s holdings in Vanguard FTSE Europe ETF were worth $5,447,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VGK. Oppenheimer Asset Management Inc. grew its holdings in Vanguard FTSE Europe ETF by 3.9% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 2,899 shares of the exchange traded fund’s stock valued at $160,000 after buying an additional 110 shares in the last quarter. BB&T Investment Services Inc. acquired a new stake in shares of Vanguard FTSE Europe ETF during the 2nd quarter worth $174,000. Westside Investment Management Inc. grew its holdings in shares of Vanguard FTSE Europe ETF by 566.7% during the 2nd quarter. Westside Investment Management Inc. now owns 2,000 shares of the exchange traded fund’s stock worth $185,000 after purchasing an additional 1,700 shares in the last quarter. Goldstein Munger & Associates acquired a new stake in shares of Vanguard FTSE Europe ETF during the 3rd quarter worth $205,000. Finally, Financial Partners Capital Management LLC acquired a new stake in shares of Vanguard FTSE Europe ETF during the 2nd quarter worth $214,000.

Vanguard FTSE Europe ETF (NYSEARCA:VGK) traded up $0.12 on Tuesday, hitting $61.89. The stock had a trading volume of 4,842,000 shares, compared to its average volume of 4,175,333. The firm has a market cap of $19,370.00 and a price-to-earnings ratio of -6.28. Vanguard FTSE Europe ETF has a 12 month low of $48.56 and a 12 month high of $61.79.

The business also recently announced a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Wednesday, December 20th were issued a dividend of $0.3136 per share. This is a positive change from Vanguard FTSE Europe ETF’s previous quarterly dividend of $0.23. This represents a $1.25 annualized dividend and a dividend yield of 2.03%. The ex-dividend date was Tuesday, December 19th. Vanguard FTSE Europe ETF’s dividend payout ratio is -16.24%.

ILLEGAL ACTIVITY WARNING: “Gemmer Asset Management LLC Raises Holdings in Vanguard FTSE Europe ETF (VGK)” was originally published by Week Herald and is the sole property of of Week Herald. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this story can be viewed at https://weekherald.com/2018/01/16/gemmer-asset-management-llc-raises-holdings-in-vanguard-ftse-europe-etf-vgk.html.

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.

Want to see what other hedge funds are holding VGK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard FTSE Europe ETF (NYSEARCA:VGK).

Institutional Ownership by Quarter for Vanguard FTSE Europe ETF (NYSEARCA:VGK)

Receive News & Ratings for Vanguard FTSE Europe ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard FTSE Europe ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply