Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Hits New 1-Year High – Should You Buy?

Vanguard FTSE Pacific ETF (NYSEARCA:VPL)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $107.16 and last traded at $107.0850, with a volume of 323688 shares trading hands. The stock had previously closed at $106.19.

Vanguard FTSE Pacific ETF Stock Up 0.7%

The stock’s 50 day moving average is $97.05 and its two-hundred day moving average is $91.91. The company has a market capitalization of $9.89 billion, a PE ratio of 14.65 and a beta of 0.77.

Hedge Funds Weigh In On Vanguard FTSE Pacific ETF

A number of large investors have recently added to or reduced their stakes in the company. Cardiff Park Advisors LLC boosted its stake in Vanguard FTSE Pacific ETF by 0.3% in the fourth quarter. Cardiff Park Advisors LLC now owns 42,675 shares of the company’s stock valued at $3,858,000 after acquiring an additional 120 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Vanguard FTSE Pacific ETF by 37.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 443 shares of the company’s stock valued at $39,000 after purchasing an additional 121 shares during the last quarter. Harrell Investment Partners LLC boosted its position in shares of Vanguard FTSE Pacific ETF by 2.1% in the 4th quarter. Harrell Investment Partners LLC now owns 6,015 shares of the company’s stock worth $544,000 after purchasing an additional 123 shares in the last quarter. Brown Advisory Inc. grew its stake in Vanguard FTSE Pacific ETF by 2.0% during the 2nd quarter. Brown Advisory Inc. now owns 6,404 shares of the company’s stock worth $526,000 after buying an additional 125 shares during the last quarter. Finally, Rebalance LLC grew its stake in Vanguard FTSE Pacific ETF by 0.7% during the 3rd quarter. Rebalance LLC now owns 19,176 shares of the company’s stock worth $1,684,000 after buying an additional 130 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. 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).