Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Hits New 1-Year High – Time to Buy?

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) reached a new 52-week high on Wednesday . The company traded as high as $96.63 and last traded at $96.35, with a volume of 698818 shares trading hands. The stock had previously closed at $94.85.

Vanguard FTSE Pacific ETF Stock Up 1.6%

The business has a fifty day simple moving average of $91.64 and a two-hundred day simple moving average of $88.58. The company has a market capitalization of $8.91 billion, a price-to-earnings ratio of 14.65 and a beta of 0.77.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Pacific ETF in the 2nd quarter valued at $26,000. Parkside Financial Bank & Trust bought a new position in Vanguard FTSE Pacific ETF during the 3rd quarter valued at about $26,000. Dorato Capital Management acquired a new position in Vanguard FTSE Pacific ETF in the fourth quarter valued at about $29,000. Smartleaf Asset Management LLC grew its stake in Vanguard FTSE Pacific ETF by 37.6% during the third quarter. Smartleaf Asset Management LLC now owns 443 shares of the company’s stock worth $39,000 after buying an additional 121 shares during the last quarter. Finally, Lummis Asset Management LP bought a new stake in Vanguard FTSE Pacific ETF during the third quarter worth about $41,000.

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. The Fund employs a passive management or indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the MSCI Pacific Index (the Index).