Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Reaches New 12-Month High – Still a Buy?

Shares of Vanguard FTSE Pacific ETF (NYSEARCA:VPL) reached a new 52-week high during trading on Monday . The company traded as high as $120.90 and last traded at $120.84, with a volume of 46093 shares trading hands. The stock had previously closed at $120.35.

Vanguard FTSE Pacific ETF Trading Up 0.3%

The stock’s fifty day moving average is $111.19 and its two-hundred day moving average is $102.41. The firm has a market cap of $9.26 billion, a P/E ratio of 14.65 and a beta of 0.80.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Focus Partners Wealth purchased a new position in Vanguard FTSE Pacific ETF during the first quarter worth about $688,000. First Trust Advisors LP increased its stake in Vanguard FTSE Pacific ETF by 2.0% in the 2nd quarter. First Trust Advisors LP now owns 32,447 shares of the company’s stock worth $2,666,000 after acquiring an additional 622 shares during the last quarter. Brown Advisory Inc. raised its holdings in shares of Vanguard FTSE Pacific ETF by 2.0% in the 2nd quarter. Brown Advisory Inc. now owns 6,404 shares of the company’s stock valued at $526,000 after acquiring an additional 125 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of Vanguard FTSE Pacific ETF by 679.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,185 shares of the company’s stock valued at $97,000 after acquiring an additional 1,033 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of Vanguard FTSE Pacific ETF by 24.8% during the 2nd quarter. NewEdge Advisors LLC now owns 62,910 shares of the company’s stock valued at $5,170,000 after acquiring an additional 12,515 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).