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

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) reached a new 52-week high during trading on Wednesday . The company traded as high as $101.41 and last traded at $100.9960, with a volume of 85476 shares trading hands. The stock had previously closed at $99.91.

Vanguard FTSE Pacific ETF Stock Up 2.9%

The stock has a 50 day moving average of $93.95 and a 200 day moving average of $90.07. The company has a market capitalization of $9.41 billion, a price-to-earnings ratio of 14.65 and a beta of 0.77.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

Large investors have recently modified their holdings of the company. Focus Partners Wealth acquired a new position in Vanguard FTSE Pacific ETF in the first quarter valued at $688,000. Robertson Stephens Wealth Management LLC lifted its stake in shares of Vanguard FTSE Pacific ETF by 9.8% in the 2nd quarter. Robertson Stephens Wealth Management LLC now owns 51,538 shares of the company’s stock valued at $4,235,000 after purchasing an additional 4,594 shares during the period. Johnson Investment Counsel Inc. boosted its position in shares of Vanguard FTSE Pacific ETF by 2.5% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 10,653 shares of the company’s stock valued at $875,000 after purchasing an additional 264 shares in the last quarter. Presilium Private Wealth LLC grew its stake in Vanguard FTSE Pacific ETF by 2.8% during the second quarter. Presilium Private Wealth LLC now owns 291,796 shares of the company’s stock worth $23,980,000 after purchasing an additional 7,890 shares during the period. Finally, Axxcess Wealth Management LLC bought a new stake in Vanguard FTSE Pacific ETF in the second quarter worth approximately $285,000.

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).