Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sets New 52-Week High – What’s Next?

Vanguard FTSE Pacific ETF (NYSEARCA:VPL)’s share price hit a new 52-week high on Monday . The company traded as high as $80.41 and last traded at $80.12, with a volume of 5243383 shares. The stock had previously closed at $80.04.

Vanguard FTSE Pacific ETF Price Performance

The stock’s 50 day moving average price is $74.91 and its two-hundred day moving average price is $73.86. The firm has a market capitalization of $12.57 billion, a price-to-earnings ratio of 14.00 and a beta of 0.76.

Institutional Trading of Vanguard FTSE Pacific ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Mather Group LLC. raised its stake in Vanguard FTSE Pacific ETF by 8.0% during the 1st quarter. Mather Group LLC. now owns 4,898,706 shares of the company’s stock valued at $354,960,000 after purchasing an additional 362,160 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Vanguard FTSE Pacific ETF by 4.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,004,278 shares of the company’s stock valued at $284,464,000 after purchasing an additional 173,924 shares during the last quarter. WestEnd Advisors LLC raised its stake in Vanguard FTSE Pacific ETF by 0.7% during the 1st quarter. WestEnd Advisors LLC now owns 4,000,019 shares of the company’s stock valued at $289,841,000 after purchasing an additional 28,297 shares during the last quarter. Raymond James Financial Inc. raised its stake in Vanguard FTSE Pacific ETF by 0.9% during the 1st quarter. Raymond James Financial Inc. now owns 3,836,809 shares of the company’s stock valued at $278,015,000 after purchasing an additional 35,773 shares during the last quarter. Finally, Truist Financial Corp raised its stake in Vanguard FTSE Pacific ETF by 4.3% during the 4th quarter. Truist Financial Corp now owns 2,066,985 shares of the company’s stock valued at $146,839,000 after purchasing an additional 84,576 shares during the last quarter.

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.