Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Hits New 12-Month High – Here’s Why

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $98.03 and last traded at $97.46, with a volume of 819396 shares traded. The stock had previously closed at $97.25.

Vanguard FTSE Pacific ETF Trading Up 0.2%

The firm has a market cap of $9.01 billion, a PE ratio of 14.65 and a beta of 0.77. The stock’s 50 day moving average price is $92.10 and its 200 day moving average price is $89.02.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Discipline Wealth Solutions LLC grew its stake in shares of Vanguard FTSE Pacific ETF by 174.3% in the fourth quarter. Discipline Wealth Solutions LLC now owns 9,819 shares of the company’s stock valued at $888,000 after buying an additional 6,239 shares in the last quarter. CWM LLC boosted its holdings in Vanguard FTSE Pacific ETF by 300.9% in the 4th quarter. CWM LLC now owns 12,968 shares of the company’s stock worth $1,172,000 after acquiring an additional 9,733 shares during the period. Assetmark Inc. grew its position in Vanguard FTSE Pacific ETF by 6.2% in the fourth quarter. Assetmark Inc. now owns 356,213 shares of the company’s stock valued at $32,202,000 after acquiring an additional 20,666 shares in the last quarter. HBW Advisory Services LLC purchased a new stake in shares of Vanguard FTSE Pacific ETF during the fourth quarter valued at approximately $191,000. Finally, Patriot Investment Management Group Inc. lifted its position in shares of Vanguard FTSE Pacific ETF by 116.3% during the fourth quarter. Patriot Investment Management Group Inc. now owns 7,652 shares of the company’s stock worth $692,000 after purchasing an additional 4,114 shares in the last quarter.

Vanguard FTSE Pacific ETF Company Profile

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).