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

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) shares 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. The stock had previously closed at $91.80.

Vanguard FTSE Pacific ETF Stock Performance

The stock has a 50 day moving average of $90.86 and a two-hundred day moving average of $87.43. The firm has a market capitalization of $8.60 billion, a P/E ratio of 14.65 and a beta of 0.77.

Institutional Trading of Vanguard FTSE Pacific ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new stake in Vanguard FTSE Pacific ETF during the second quarter valued at about $26,000. Parkside Financial Bank & Trust acquired a new position in shares of Vanguard FTSE Pacific ETF during the third quarter worth approximately $26,000. Smartleaf Asset Management LLC boosted its position in shares of Vanguard FTSE Pacific ETF by 37.6% in the third 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. Lummis Asset Management LP acquired a new stake in shares of Vanguard FTSE Pacific ETF in the third quarter worth $41,000. Finally, Hara Capital LLC acquired a new position in Vanguard FTSE Pacific ETF during the 2nd quarter valued at $48,000.

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).