Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Share Price Breaks Below 200-Day Moving Average – Here’s What Happened

Vanguard FTSE Pacific ETF (NYSEARCA:VPL)’s share price passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $109.12 and traded as low as $107.74. Vanguard FTSE Pacific ETF shares last traded at $108.71, with a volume of 486,369 shares trading hands.

Vanguard FTSE Pacific ETF Stock Down 2.3%

The company has a market cap of $8.43 billion, a P/E ratio of 14.65 and a beta of 0.83. The stock has a 50 day moving average price of $114.58 and a two-hundred day moving average price of $109.12.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC bought a new position in Vanguard FTSE Pacific ETF in the 3rd quarter valued at about $389,000. Boston Trust Walden Corp bought a new stake in shares of Vanguard FTSE Pacific ETF during the 3rd quarter worth approximately $214,000. Richardson Financial Services Inc. bought a new stake in shares of Vanguard FTSE Pacific ETF during the 3rd quarter worth approximately $385,000. Ascent Group LLC bought a new stake in shares of Vanguard FTSE Pacific ETF during the 3rd quarter worth approximately $463,000. Finally, Provenance Wealth Advisors LLC boosted its position in shares of Vanguard FTSE Pacific ETF by 205.5% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 996 shares of the company’s stock worth $115,000 after acquiring an additional 670 shares in the last quarter.

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).