Vanguard FTSE Pacific ETF (NYSEARCA:VPL – Get Free Report) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 28,616 shares, a drop of 79.1% from the August 15th total of 136,651 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 302,948 shares, the days-to-cover ratio is currently 0.1 days.
Vanguard FTSE Pacific ETF Price Performance
NYSEARCA VPL traded up $2.29 on Friday, hitting $118.10. 375,236 shares of the stock were exchanged, compared to its average volume of 1,015,516. The company’s 50-day moving average price is $113.19 and its two-hundred day moving average price is $109.70. Vanguard FTSE Pacific ETF has a 52-week low of $85.96 and a 52-week high of $121.23. The company has a market capitalization of $8.75 billion, a price-to-earnings ratio of 14.65 and a beta of 0.82.
Institutional Investors Weigh In On Vanguard FTSE Pacific ETF
Institutional investors have recently made changes to their positions in the company. HighTower Advisors LLC increased its holdings in shares of Vanguard FTSE Pacific ETF by 1.4% during the 4th quarter. HighTower Advisors LLC now owns 1,063,232 shares of the company’s stock valued at $96,116,000 after acquiring an additional 15,126 shares during the last quarter. Main Management ETF Advisors LLC lifted its holdings in Vanguard FTSE Pacific ETF by 11.1% in the 4th quarter. Main Management ETF Advisors LLC now owns 104,961 shares of the company’s stock worth $9,488,000 after purchasing an additional 10,461 shares during the last quarter. Evelyn Partners Asset Management Ltd lifted its holdings in Vanguard FTSE Pacific ETF by 6.8% in the 4th quarter. Evelyn Partners Asset Management Ltd now owns 113,662 shares of the company’s stock worth $10,275,000 after purchasing an additional 7,213 shares during the last quarter. Cibc World Market Inc. bought a new stake in Vanguard FTSE Pacific ETF during the fourth quarter worth approximately $9,254,000. Finally, Elm Partners Management LLC boosted its position in 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 worth $109,188,000 after purchasing an additional 82,677 shares during the period.
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).
Further Reading
- Five stocks we like better than Vanguard FTSE Pacific ETF
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Receive News & Ratings for Vanguard FTSE Pacific ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard FTSE Pacific ETF and related companies with MarketBeat.com's FREE daily email newsletter.
