Raleigh Capital Management Inc. Purchases New Shares in Vanguard FTSE Pacific ETF $VPL

Raleigh Capital Management Inc. acquired a new stake in Vanguard FTSE Pacific ETF (NYSEARCA:VPL) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,139 shares of the company’s stock, valued at approximately $1,753,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Tanager Wealth Management LLP increased its position in shares of Vanguard FTSE Pacific ETF by 4.7% during the 2nd quarter. Tanager Wealth Management LLP now owns 263,678 shares of the company’s stock worth $30,505,000 after purchasing an additional 11,732 shares during the last quarter. Blue Edge Capital LLC purchased a new stake in Vanguard FTSE Pacific ETF in the 2nd quarter valued at about $16,453,000. Quantinno Capital Management LP acquired a new position in Vanguard FTSE Pacific ETF in the first quarter valued at about $1,216,000. Montecito Bank & Trust acquired a new position in Vanguard FTSE Pacific ETF in the third quarter valued at about $2,679,000. Finally, Vontobel Holding Ltd. acquired a new position in Vanguard FTSE Pacific ETF in the third quarter valued at about $1,605,000.

Vanguard FTSE Pacific ETF Price Performance

Shares of VPL stock opened at $108.71 on Friday. Vanguard FTSE Pacific ETF has a 1-year low of $87.16 and a 1-year high of $121.23. The firm has a market cap of $8.43 billion, a PE ratio of 14.65 and a beta of 0.83. The company has a 50-day moving average of $114.58 and a two-hundred day moving average of $109.12.

Vanguard FTSE Pacific ETF 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).