Parthenon LLC Makes New Investment in Vanguard FTSE Pacific ETF $VPL

Parthenon LLC acquired a new position in shares of Vanguard FTSE Pacific ETF (NYSEARCA:VPL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 30,937 shares of the company’s stock, valued at approximately $3,583,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ledyard National Bank acquired a new stake in shares of Vanguard FTSE Pacific ETF during the third quarter worth about $3,200,000. Root Financial Partners LLC acquired a new position in shares of Vanguard FTSE Pacific ETF in the 3rd quarter valued at approximately $130,000. Axxcess Wealth Management LLC acquired a new position in shares of Vanguard FTSE Pacific ETF in the 3rd quarter valued at approximately $355,000. Eagle Harbor Asset Management Inc. ADV acquired a new position in shares of Vanguard FTSE Pacific ETF in the 3rd quarter valued at approximately $1,273,000. Finally, Nisa Investment Advisors LLC bought a new stake in Vanguard FTSE Pacific ETF during the 3rd quarter worth approximately $10,886,000.

Vanguard FTSE Pacific ETF Stock Performance

NYSEARCA VPL traded up $0.14 during trading hours on Friday, reaching $108.81. 210,411 shares of the company’s stock were exchanged, compared to its average volume of 914,479. The company has a market capitalization of $8.44 billion, a price-to-earnings ratio of 14.65 and a beta of 0.83. The company’s 50-day moving average is $115.07 and its two-hundred day moving average is $112.63. Vanguard FTSE Pacific ETF has a one year low of $87.16 and a one year high of $121.23.

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).