Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sets New 52-Week High – Should You Buy?

Vanguard FTSE Pacific ETF (NYSEARCA:VPL)’s share price hit a new 52-week high on Monday . The stock traded as high as $120.90 and last traded at $120.84, with a volume of 46093 shares trading hands. The stock had previously closed at $120.35.

Vanguard FTSE Pacific ETF Stock Down 5.9%

The company has a 50 day moving average of $111.72 and a two-hundred day moving average of $102.78. The firm has a market cap of $8.71 billion, a P/E ratio of 14.65 and a beta of 0.80.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Dorato Capital Management bought a new stake in shares of Vanguard FTSE Pacific ETF in the 4th quarter worth approximately $29,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Vanguard FTSE Pacific ETF during the fourth quarter worth approximately $32,000. Aptus Capital Advisors LLC boosted its holdings in Vanguard FTSE Pacific ETF by 121.7% during the fourth quarter. Aptus Capital Advisors LLC now owns 408 shares of the company’s stock worth $37,000 after buying an additional 224 shares in the last quarter. IFC & Insurance Marketing Inc. acquired a new position in Vanguard FTSE Pacific ETF in the fourth quarter worth approximately $40,000. Finally, Lummis Asset Management LP acquired a new position in Vanguard FTSE Pacific ETF in the third quarter worth approximately $41,000.

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).