Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sees Unusually-High Trading Volume – Should You Buy?

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) shares saw unusually-strong trading volume on Monday . Approximately 1,943,941 shares changed hands during trading, an increase of 182% from the previous session’s volume of 689,784 shares.The stock last traded at $90.8550 and had previously closed at $90.80.

Vanguard FTSE Pacific ETF Price Performance

The company’s 50 day simple moving average is $90.84 and its 200 day simple moving average is $87.20. The company has a market capitalization of $8.15 billion, a PE ratio of 14.65 and a beta of 0.77.

Hedge Funds Weigh In On Vanguard FTSE Pacific ETF

A number of hedge funds have recently modified their holdings of the business. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Pacific ETF during the second quarter worth about $26,000. Parkside Financial Bank & Trust purchased a new position in Vanguard FTSE Pacific ETF in the third quarter worth $26,000. Smartleaf Asset Management LLC boosted its position in shares of Vanguard FTSE Pacific ETF by 37.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 443 shares of the company’s stock worth $39,000 after purchasing an additional 121 shares in the last quarter. Lummis Asset Management LP acquired a new stake in shares of Vanguard FTSE Pacific ETF in the third quarter valued at about $41,000. Finally, Hara Capital LLC purchased a new stake in Vanguard FTSE Pacific ETF during the second quarter worth about $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).