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

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) shares hit a new 52-week high on Tuesday . The stock traded as high as $114.75 and last traded at $114.43, with a volume of 380029 shares changing hands. The stock had previously closed at $113.89.

Vanguard FTSE Pacific ETF Stock Up 0.5%

The company has a 50-day moving average price of $102.69 and a two-hundred day moving average price of $97.59. The stock has a market capitalization of $8.77 billion, a P/E ratio of 14.65 and a beta of 0.79.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Mather Group LLC. increased its position in shares of Vanguard FTSE Pacific ETF by 0.3% during the fourth quarter. Mather Group LLC. now owns 5,988,147 shares of the company’s stock valued at $541,329,000 after buying an additional 15,856 shares during the period. Elm Partners Management LLC increased its position in shares of Vanguard FTSE Pacific ETF by 7.3% during the fourth quarter. Elm Partners Management LLC now owns 1,207,832 shares of the company’s stock valued at $109,188,000 after buying an additional 82,677 shares during the period. HighTower Advisors LLC increased its position in shares of Vanguard FTSE Pacific ETF by 1.4% during the fourth quarter. HighTower Advisors LLC now owns 1,063,232 shares of the company’s stock valued at $96,116,000 after buying an additional 15,126 shares during the period. Jane Street Group LLC increased its position in shares of Vanguard FTSE Pacific ETF by 52.2% during the second quarter. Jane Street Group LLC now owns 930,275 shares of the company’s stock valued at $76,450,000 after buying an additional 318,928 shares during the period. Finally, GenTrust LLC increased its position in shares of Vanguard FTSE Pacific ETF by 3.7% during the fourth quarter. GenTrust LLC now owns 924,646 shares of the company’s stock valued at $83,588,000 after buying an additional 32,694 shares during the period.

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).