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

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

Vanguard FTSE Pacific ETF Trading Up 1.9%

The firm has a 50-day moving average of $94.22 and a two-hundred day moving average of $90.31. The firm has a market cap of $9.59 billion, a price-to-earnings ratio of 14.65 and a beta of 0.77.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

Several hedge funds have recently modified their holdings of VPL. Focus Partners Wealth acquired a new stake in shares of Vanguard FTSE Pacific ETF in the first quarter worth $688,000. Johnson Investment Counsel Inc. boosted its holdings in Vanguard FTSE Pacific ETF by 2.5% in 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 during the period. Presilium Private Wealth LLC boosted its holdings in Vanguard FTSE Pacific ETF by 2.8% in the 2nd quarter. Presilium Private Wealth LLC now owns 291,796 shares of the company’s stock valued at $23,980,000 after purchasing an additional 7,890 shares during the period. Axxcess Wealth Management LLC acquired a new stake in Vanguard FTSE Pacific ETF in the 2nd quarter worth $285,000. Finally, Harbour Investments Inc. increased its holdings in shares of Vanguard FTSE Pacific ETF by 3.6% during the 2nd quarter. Harbour Investments Inc. now owns 67,861 shares of the company’s stock worth $5,577,000 after purchasing an additional 2,389 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).