Vanguard FTSE Europe ETF (VGK) Registered $-97.20M Redemptions After -0.73% AUM Decrease

Today were reported Vanguard FTSE Europe ETF (VGK)’s daily net flows. The ETF registered $-97.20M asset outflows for -0.73% decrease, reaching $13178.43M after yestarday’s trading session. The chart of Vanguard FTSE Europe ETF (VGK) shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 0.57% or $0.25 on February 10, hitting $44.44. Vanguard FTSE Europe ETF (NYSEARCA:VGK) has declined 16.56% since July 7, 2015 and is downtrending. It has underperformed by 5.55% the S&P500.

The ETF’s YTD performance is -5.55%, the 1 year is -7.86% and the 3 year is 0.87%.

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in the major markets of Europe. The fund employs an 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 FTSE Developed Europe All Cap Index is a market-capitalization-weighted index that is made up of approximately 1,250 common stocks of large-, mid-, and small-cap companies located in 16 European countries-mostly companies in the United Kingdom, Germany, France, and Switzerland.

The ETF’s average P/E ratio is 15.75, the price to book is 1.73, the price to sales is 1 and the price to cashflow is 6.75. Vanguard FTSE Europe ETF (VGK) is in the ETF category: Europe Stock, is part of Vanguard fund family and currently has $19.41 billion net assets. It was started on 3/4/2005. The fund’s top holdings are: NESTLE SA CHAM ET VE for 2.61% of assets, ROCHE HLDG AG DIV RT for 2.23%, NOVARTIS AG BASL for 2.06%, HSBC Holdings PLC for 1.73%, NOVO NORDISK A/S B for 1.20%, Bayer AG for 1.16%, British American Tobacco PLC for 1.16%, ANHEUSER-BUSCH INBEV for 1.11%, GlaxoSmithKline PLC for 1.10%, Sanofi SA for 1.08%. The ETF sector weights are: Basic Materials 7.13%, Consumer Cyclical 11.84%, Financial Services 20.67%, Realestate 2.38%, Consumer Defensive 13.72%, Healthcare 13.60%, Utilities 3.64%, Communication Services 5.04%, Energy 5.82%, Industrials 11.42%, Technology 4.75%. The ETF currently as 3.45% yield.

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