Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Reaches New 12-Month High – What’s Next?

Vanguard FTSE Pacific ETF (NYSEARCA:VPL)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $93.14 and last traded at $93.2750, with a volume of 284723 shares traded. The stock had previously closed at $91.80.

Vanguard FTSE Pacific ETF Trading Up 1.7%

The stock has a market cap of $8.60 billion, a price-to-earnings ratio of 14.65 and a beta of 0.77. The firm has a fifty day simple moving average of $90.86 and a 200 day simple moving average of $87.43.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Smartleaf Asset Management LLC lifted its holdings in shares of Vanguard FTSE Pacific ETF by 37.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 443 shares of the company’s stock worth $39,000 after acquiring an additional 121 shares during the period. 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 worth $526,000 after buying an additional 125 shares in the last quarter. Rebalance LLC raised its holdings in shares of Vanguard FTSE Pacific ETF by 0.7% in the 3rd quarter. Rebalance LLC now owns 19,176 shares of the company’s stock worth $1,684,000 after buying an additional 130 shares in the last quarter. Fiduciary Financial Group LLC lifted its position in shares of Vanguard FTSE Pacific ETF by 1.2% during the 2nd quarter. Fiduciary Financial Group LLC now owns 11,568 shares of the company’s stock worth $948,000 after buying an additional 140 shares during the period. Finally, Ascent Group LLC boosted its stake in Vanguard FTSE Pacific ETF by 2.6% in the 3rd quarter. Ascent Group LLC now owns 6,098 shares of the company’s stock valued at $536,000 after buying an additional 157 shares in 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).