Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sees Strong Trading Volume – Here’s What Happened

Shares of Vanguard FTSE Pacific ETF (NYSEARCA:VPL) saw an uptick in trading volume on Tuesday . 2,606,668 shares were traded during mid-day trading, an increase of 334% from the previous session’s volume of 600,328 shares.The stock last traded at $72.52 and had previously closed at $73.19.

Vanguard FTSE Pacific ETF Trading Down 0.7 %

The stock has a market cap of $11.41 billion, a price-to-earnings ratio of 15.10 and a beta of 0.79. The firm has a fifty day simple moving average of $72.84 and a 200-day simple moving average of $74.49.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Parkworth Wealth Management Inc. bought a new stake in Vanguard FTSE Pacific ETF during the 4th quarter worth approximately $30,000. BTG Pactual Asset Management US LLC acquired a new stake in Vanguard FTSE Pacific ETF in the 4th quarter valued at about $34,000. Huntington National Bank acquired a new position in shares of Vanguard FTSE Pacific ETF during the 4th quarter worth approximately $50,000. Farther Finance Advisors LLC raised its position in shares of Vanguard FTSE Pacific ETF by 133.1% in the fourth quarter. Farther Finance Advisors LLC now owns 809 shares of the company’s stock valued at $57,000 after purchasing an additional 462 shares during the period. Finally, Lee Danner & Bass Inc. bought a new position in shares of Vanguard FTSE Pacific ETF during the fourth quarter worth approximately $61,000.

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.