Ocean Park Asset Management LLC Purchases Shares of 24,840 Vanguard FTSE Pacific ETF $VPL

Ocean Park Asset Management LLC purchased a new position in Vanguard FTSE Pacific ETF (NYSEARCA:VPL) in the first quarter, HoldingsChannel reports. The institutional investor purchased 24,840 shares of the company’s stock, valued at approximately $2,428,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rathbones Group PLC increased its holdings in shares of Vanguard FTSE Pacific ETF by 8.2% in the fourth 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 in the third quarter valued at approximately $15,480,000. Summit Financial Wealth Advisors LLC purchased a new stake in Vanguard FTSE Pacific ETF in the fourth quarter valued at approximately $445,000. Assetmark Inc. boosted its position in Vanguard FTSE Pacific ETF by 6.2% in the fourth quarter. Assetmark Inc. now owns 356,213 shares of the company’s stock valued at $32,202,000 after buying an additional 20,666 shares during the last quarter. Finally, WealthBridge Investment Counsel Inc. increased its holdings in Vanguard FTSE Pacific ETF by 72.8% in the 4th quarter. WealthBridge Investment Counsel Inc. now owns 119,165 shares of the company’s stock worth $10,773,000 after buying an additional 50,223 shares during the period.

Vanguard FTSE Pacific ETF Stock Performance

Shares of NYSEARCA VPL opened at $120.35 on Monday. Vanguard FTSE Pacific ETF has a 12 month low of $78.37 and a 12 month high of $120.75. The company has a 50 day simple moving average of $111.19 and a two-hundred day simple moving average of $102.41. The stock has a market cap of $9.22 billion, a price-to-earnings ratio of 14.65 and a beta of 0.80.

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).