Alpha Cubed Investments LLC Trims Stock Position in Vanguard FTSE Pacific ETF (NYSEARCA:VPL)

Alpha Cubed Investments LLC reduced its stake in shares of Vanguard FTSE Pacific ETF (NYSEARCA:VPL) by 2.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,340 shares of the company’s stock after selling 560 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Vanguard FTSE Pacific ETF were worth $1,465,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. CVA Family Office LLC bought a new position in Vanguard FTSE Pacific ETF in the 4th quarter worth about $32,000. Evolution Advisers Inc. bought a new position in Vanguard FTSE Pacific ETF in the 4th quarter worth about $32,000. Global Retirement Partners LLC boosted its stake in Vanguard FTSE Pacific ETF by 99.6% in the 4th quarter. Global Retirement Partners LLC now owns 545 shares of the company’s stock worth $39,000 after purchasing an additional 272 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new position in Vanguard FTSE Pacific ETF in the 3rd quarter worth about $44,000. Finally, Pacifica Partners Inc. purchased a new position in Vanguard FTSE Pacific ETF in the 4th quarter worth about $48,000.

Vanguard FTSE Pacific ETF Stock Performance

Shares of NYSEARCA:VPL opened at $72.41 on Wednesday. Vanguard FTSE Pacific ETF has a fifty-two week low of $63.44 and a fifty-two week high of $76.75. The business has a 50-day simple moving average of $74.42 and a two-hundred day simple moving average of $71.35. The firm has a market cap of $6.92 billion, a price-to-earnings ratio of 12.79 and a beta of 0.87.

About Vanguard FTSE Pacific ETF

Vanguard FTSE Pacific ETF, formerly Vanguard MSCI Pacific ETF, is an exchange-traded share class of Vanguard Pacific Stock Index Fund. The Fund seeks to track the investment performance of the MSCI Pacific Index that consists of common stocks of companies located in Japan, Australia, Hong Kong, New Zealand and Singapore.