Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sees Strong Trading Volume – Time to Buy?

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) saw unusually-strong trading volume on Monday . Approximately 1,080,146 shares were traded during trading, an increase of 221% from the previous session’s volume of 336,089 shares.The stock last traded at $69.94 and had previously closed at $69.87.

Vanguard FTSE Pacific ETF Trading Up 1.3 %

The firm has a 50 day simple moving average of $73.19 and a 200 day simple moving average of $74.88. The firm has a market capitalization of $6.80 billion, a PE ratio of 12.79 and a beta of 0.87.

Hedge Funds Weigh In On Vanguard FTSE Pacific ETF

A number of institutional investors and hedge funds have recently modified their holdings of VPL. Janney Montgomery Scott LLC lifted its position in Vanguard FTSE Pacific ETF by 2.5% during the third quarter. Janney Montgomery Scott LLC now owns 4,156,650 shares of the company’s stock valued at $325,840,000 after purchasing an additional 100,724 shares in the last quarter. WestEnd Advisors LLC lifted its position in Vanguard FTSE Pacific ETF by 6.5% during the third quarter. WestEnd Advisors LLC now owns 4,113,958 shares of the company’s stock valued at $322,493,000 after purchasing an additional 249,990 shares in the last quarter. Raymond James & Associates lifted its position in Vanguard FTSE Pacific ETF by 4.5% during the third quarter. Raymond James & Associates now owns 3,750,770 shares of the company’s stock valued at $294,023,000 after purchasing an additional 161,415 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Vanguard FTSE Pacific ETF by 0.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,543,360 shares of the company’s stock valued at $120,984,000 after purchasing an additional 12,217 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in Vanguard FTSE Pacific ETF by 7.1% during the third quarter. Victory Capital Management Inc. now owns 1,434,545 shares of the company’s stock valued at $112,454,000 after purchasing an additional 95,137 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.