Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sees Significant Decline in Short Interest

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 34,512 shares, a decline of 96.5% from the September 30th total of 990,951 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 309,881 shares, the days-to-cover ratio is currently 0.1 days.

Vanguard FTSE Pacific ETF Stock Performance

Shares of VPL traded up $0.48 during trading hours on Monday, hitting $109.29. The stock had a trading volume of 214,193 shares, compared to its average volume of 911,063. The firm has a 50-day moving average price of $115.03 and a 200 day moving average price of $108.71. Vanguard FTSE Pacific ETF has a fifty-two week low of $87.16 and a fifty-two week high of $121.23. The firm has a market capitalization of $8.47 billion, a price-to-earnings ratio of 14.65 and a beta of 0.83.

Institutional Trading of Vanguard FTSE Pacific ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Mather Group LLC. acquired a new stake in shares of Vanguard FTSE Pacific ETF in the 3rd quarter worth $738,000,000. Angeles Investment Advisors LLC acquired a new position in shares of Vanguard FTSE Pacific ETF during the 3rd quarter valued at about $35,066,000. Tanager Wealth Management LLP boosted its position in shares of Vanguard FTSE Pacific ETF by 6.1% during the 3rd quarter. Tanager Wealth Management LLP now owns 279,776 shares of the company’s stock valued at $32,401,000 after acquiring an additional 16,098 shares during the last quarter. Stonebridge Financial Group LLC acquired a new position in shares of Vanguard FTSE Pacific ETF during the 2nd quarter valued at about $28,390,000. Finally, Rathbones Group PLC grew its holdings in shares of Vanguard FTSE Pacific ETF by 15.3% in the first quarter. Rathbones Group PLC now owns 216,154 shares of the company’s stock valued at $21,125,000 after purchasing an additional 28,620 shares during the period.

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).