Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Hits New 1-Year High – Should You Buy?

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) hit a new 52-week high during trading on Tuesday . The company traded as high as $118.63 and last traded at $118.57, with a volume of 159487 shares traded. The stock had previously closed at $117.61.

Vanguard FTSE Pacific ETF Price Performance

The company has a market cap of $8.98 billion, a P/E ratio of 14.65 and a beta of 0.80. The stock has a 50-day moving average of $110.47 and a 200 day moving average of $101.99.

Hedge Funds Weigh In On Vanguard FTSE Pacific ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. OLD Mission Capital LLC increased its stake in Vanguard FTSE Pacific ETF by 1,040.2% in the fourth quarter. OLD Mission Capital LLC now owns 915,083 shares of the company’s stock valued at $82,724,000 after acquiring an additional 834,825 shares during the last quarter. State Street Corp bought a new position in Vanguard FTSE Pacific ETF in the fourth quarter valued at approximately $66,519,000. Strategic Investment Advisors MI bought a new position in Vanguard FTSE Pacific ETF in the third quarter valued at approximately $37,031,000. Jane Street Group LLC increased its stake in Vanguard FTSE Pacific ETF by 52.2% in the second quarter. Jane Street Group LLC now owns 930,275 shares of the company’s stock valued at $76,450,000 after acquiring an additional 318,928 shares during the last quarter. Finally, Henson Edgewater Management LLC bought a new position in Vanguard FTSE Pacific ETF in the fourth quarter valued at approximately $17,399,000.

Vanguard FTSE Pacific ETF Company 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).