Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sets New 52-Week High – Still a Buy?

Vanguard FTSE Pacific ETF (NYSEARCA:VPL)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $114.75 and last traded at $114.43, with a volume of 380029 shares changing hands. The stock had previously closed at $113.89.

Vanguard FTSE Pacific ETF Stock Performance

The stock has a 50 day moving average of $102.69 and a 200-day moving average of $97.59. The firm has a market capitalization of $8.77 billion, a P/E ratio of 14.65 and a beta of 0.79.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VPL. Parkside Financial Bank & Trust bought a new stake in Vanguard FTSE Pacific ETF in the 3rd quarter valued at about $26,000. Dorato Capital Management bought a new stake in Vanguard FTSE Pacific ETF in the 4th quarter valued at about $29,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Vanguard FTSE Pacific ETF in the 4th quarter valued at about $32,000. Aptus Capital Advisors LLC raised its stake in Vanguard FTSE Pacific ETF by 121.7% in the 4th quarter. Aptus Capital Advisors LLC now owns 408 shares of the company’s stock valued at $37,000 after acquiring an additional 224 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in Vanguard FTSE Pacific ETF by 37.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 443 shares of the company’s stock valued at $39,000 after acquiring an additional 121 shares during the period.

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).