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

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) shares saw an uptick in trading volume on Wednesday . 4,006,177 shares traded hands during mid-day trading, an increase of 139% from the previous session’s volume of 1,679,227 shares.The stock last traded at $102.79 and had previously closed at $101.81.

Vanguard FTSE Pacific ETF Trading Down 0.5%

The stock has a market capitalization of $9.19 billion, a price-to-earnings ratio of 14.65 and a beta of 0.77. The business has a 50 day simple moving average of $99.49 and a 200-day simple moving average of $92.91.

Hedge Funds Weigh In On Vanguard FTSE Pacific ETF

A number of hedge funds have recently made changes to their positions in the stock. Focus Partners Wealth purchased a new position in shares of Vanguard FTSE Pacific ETF in the 1st quarter worth $688,000. Bank of Montreal Can increased its stake in Vanguard FTSE Pacific ETF by 160.8% during the second quarter. Bank of Montreal Can now owns 2,965 shares of the company’s stock worth $244,000 after acquiring an additional 1,828 shares during the last quarter. Savant Capital LLC raised its holdings in shares of Vanguard FTSE Pacific ETF by 8.5% in the 2nd quarter. Savant Capital LLC now owns 28,438 shares of the company’s stock worth $2,337,000 after purchasing an additional 2,218 shares during the period. Walkner Condon Financial Advisors LLC lifted its stake in shares of Vanguard FTSE Pacific ETF by 0.9% in the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 91,000 shares of the company’s stock valued at $7,478,000 after purchasing an additional 792 shares in the last quarter. Finally, Penserra Capital Management LLC lifted its stake in shares of Vanguard FTSE Pacific ETF by 93.2% in the 2nd quarter. Penserra Capital Management LLC now owns 434,635 shares of the company’s stock valued at $35,718,000 after purchasing an additional 209,710 shares in the last quarter.

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).