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

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) hit a new 52-week high during trading on Wednesday . The stock traded as high as $96.63 and last traded at $96.35, with a volume of 698818 shares traded. The stock had previously closed at $94.85.

Vanguard FTSE Pacific ETF Stock Up 1.6%

The firm has a 50-day moving average price of $91.64 and a two-hundred day moving average price of $88.58. The company has a market capitalization of $8.91 billion, a P/E ratio of 14.65 and a beta of 0.77.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in VPL. Farther Finance Advisors LLC increased its position 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 period. Charles Schwab Investment Management Inc. boosted its stake in Vanguard FTSE Pacific ETF by 0.4% during the second 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. Parallel Advisors LLC increased its holdings in Vanguard FTSE Pacific ETF by 152.3% in the 2nd quarter. Parallel Advisors LLC now owns 1,920 shares of the company’s stock valued at $158,000 after buying an additional 1,159 shares during the period. CW Advisors LLC acquired a new position in shares of Vanguard FTSE Pacific ETF in the 2nd quarter valued at $1,481,000. Finally, Prudential PLC lifted its holdings in shares of Vanguard FTSE Pacific ETF by 58.5% during the 2nd quarter. Prudential PLC now owns 30,060 shares of the company’s stock worth $2,470,000 after acquiring an additional 11,100 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).