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

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) shares saw unusually-high trading volume on Tuesday . Approximately 3,227,500 shares were traded during trading, an increase of 429% from the previous session’s volume of 609,645 shares.The stock last traded at $80.12 and had previously closed at $80.12.

Vanguard FTSE Pacific ETF Stock Performance

The firm has a market capitalization of $12.59 billion, a P/E ratio of 14.00 and a beta of 0.76. The firm’s 50-day moving average is $74.91 and its 200 day moving average is $73.86.

Institutional Investors Weigh In On Vanguard FTSE Pacific ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of Vanguard FTSE Pacific ETF in the fourth quarter valued at about $270,026,000. Wealthfront Advisers LLC acquired a new position in Vanguard FTSE Pacific ETF during the fourth quarter valued at approximately $40,017,000. Jane Street Group LLC grew its stake in Vanguard FTSE Pacific ETF by 349.3% in the first quarter. Jane Street Group LLC now owns 611,347 shares of the company’s stock valued at $44,298,000 after purchasing an additional 475,295 shares in the last quarter. Mather Group LLC. increased its position in shares of 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 worth $354,960,000 after purchasing an additional 362,160 shares during the last quarter. Finally, OLD Mission Capital LLC bought a new stake in shares of Vanguard FTSE Pacific ETF during the 1st quarter worth approximately $26,111,000.

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.