Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Reaches New 1-Year High – What’s Next?

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) shares hit 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 changing hands. The stock had previously closed at $97.25.

Vanguard FTSE Pacific ETF Price Performance

The stock’s 50 day moving average is $92.53 and its two-hundred day moving average is $89.22. The stock has a market capitalization of $9.18 billion, a PE ratio of 14.65 and a beta of 0.77.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Mather Group LLC. lifted its position in shares of Vanguard FTSE Pacific ETF by 0.3% during the 4th quarter. Mather Group LLC. now owns 5,988,147 shares of the company’s stock worth $541,329,000 after purchasing an additional 15,856 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in Vanguard FTSE Pacific ETF by 57,834.6% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,584,461 shares of the company’s stock valued at $212,388,000 after buying an additional 2,580,000 shares during the last quarter. Flow Traders U.S. LLC raised its stake in Vanguard FTSE Pacific ETF by 1,188.8% in the second quarter. Flow Traders U.S. LLC now owns 2,236,667 shares of the company’s stock valued at $183,809,000 after buying an additional 2,063,117 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Vanguard FTSE Pacific ETF by 0.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,620,706 shares of the company’s stock worth $133,190,000 after buying an additional 7,151 shares during the last quarter. Finally, Elm Partners Management LLC lifted its holdings in Vanguard FTSE Pacific ETF by 8.1% during the 3rd quarter. Elm Partners Management LLC now owns 1,125,155 shares of the company’s stock worth $98,834,000 after buying an additional 84,555 shares during the last quarter.

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).