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

Vanguard FTSE Pacific ETF (NYSEARCA:VPL)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $103.82 and last traded at $103.66, with a volume of 1194096 shares traded. The stock had previously closed at $101.72.

Vanguard FTSE Pacific ETF Stock Up 1.9%

The business has a 50-day simple moving average of $94.22 and a two-hundred day simple moving average of $90.31. The stock has a market capitalization of $9.59 billion, a P/E ratio of 14.65 and a beta of 0.77.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

A number of hedge funds have recently made changes to their positions in VPL. Farther Finance Advisors LLC grew its stake in shares of Vanguard FTSE Pacific ETF by 4,932.1% during the third quarter. Farther Finance Advisors LLC now owns 6,743 shares of the company’s stock valued at $592,000 after purchasing an additional 6,609 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Vanguard FTSE Pacific ETF by 0.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,620,706 shares of the company’s stock worth $133,190,000 after buying an additional 7,151 shares in the last quarter. CW Advisors LLC acquired a new position in Vanguard FTSE Pacific ETF during the 2nd quarter worth $1,481,000. Prudential PLC boosted its position in Vanguard FTSE Pacific ETF by 58.5% in the 2nd quarter. Prudential PLC now owns 30,060 shares of the company’s stock valued at $2,470,000 after buying an additional 11,100 shares during the last quarter. Finally, Squarepoint Ops LLC acquired a new stake in shares of Vanguard FTSE Pacific ETF in the 2nd quarter valued at $2,812,000.

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).