Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Reaches New 12-Month High – Still a Buy?

Vanguard FTSE Pacific ETF (NYSEARCA:VPLGet Free Report) 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 Trading Up 0.3%

The business has a fifty day simple moving average of $111.19 and a 200 day simple moving average of $102.41. The stock has a market capitalization of $9.26 billion, a P/E ratio of 14.65 and a beta of 0.80.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

Several institutional investors have recently bought and sold shares of the stock. Rathbones Group PLC raised its stake in shares of Vanguard FTSE Pacific ETF by 8.2% during the 4th quarter. Rathbones Group PLC now owns 187,534 shares of the company’s stock valued at $16,953,000 after purchasing an additional 14,199 shares during the period. Sava Penzisko Drushtvo A.D. Skopje purchased a new stake in Vanguard FTSE Pacific ETF during the 3rd quarter worth about $15,480,000. Summit Financial Wealth Advisors LLC bought a new position in Vanguard FTSE Pacific ETF in the 4th quarter worth about $445,000. Assetmark Inc. boosted its stake in Vanguard FTSE Pacific ETF by 6.2% in the 4th quarter. Assetmark Inc. now owns 356,213 shares of the company’s stock worth $32,202,000 after purchasing an additional 20,666 shares during the period. Finally, WealthBridge Investment Counsel Inc. grew its holdings in Vanguard FTSE Pacific ETF by 72.8% during the 4th quarter. WealthBridge Investment Counsel Inc. now owns 119,165 shares of the company’s stock valued at $10,773,000 after buying an additional 50,223 shares in the last quarter.

About Vanguard FTSE Pacific ETF

(Get Free Report)

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).

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