Montecito Bank & Trust Takes $1.70 Million Position in Vanguard FTSE Pacific ETF $VPL

Montecito Bank & Trust bought a new stake in shares of Vanguard FTSE Pacific ETF (NYSEARCA:VPL) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,316 shares of the company’s stock, valued at approximately $1,697,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC bought a new position in Vanguard FTSE Pacific ETF in the 2nd quarter worth $26,000. Smartleaf Asset Management LLC raised its stake in Vanguard FTSE Pacific ETF by 55.4% in the first quarter. Smartleaf Asset Management LLC now owns 572 shares of the company’s stock worth $42,000 after buying an additional 204 shares in the last quarter. Hara Capital LLC purchased a new stake in Vanguard FTSE Pacific ETF in the second quarter worth about $48,000. AE Wealth Management LLC boosted its position in Vanguard FTSE Pacific ETF by 42.7% during the 2nd quarter. AE Wealth Management LLC now owns 608 shares of the company’s stock valued at $50,000 after acquiring an additional 182 shares in the last quarter. Finally, Total Investment Management Inc. bought a new stake in Vanguard FTSE Pacific ETF during the 2nd quarter valued at approximately $62,000.

Vanguard FTSE Pacific ETF Stock Performance

Shares of NYSEARCA:VPL opened at $90.39 on Thursday. The firm has a market capitalization of $8.15 billion, a P/E ratio of 14.65 and a beta of 0.77. The stock has a 50 day moving average price of $90.56 and a 200-day moving average price of $86.49. Vanguard FTSE Pacific ETF has a 52-week low of $64.21 and a 52-week high of $92.88.

Vanguard FTSE Pacific ETF 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.