Institute for Wealth Management LLC. Reduces Stake in Vanguard FTSE Pacific ETF (NYSEARCA:VPL)

Institute for Wealth Management LLC. cut its stake in Vanguard FTSE Pacific ETF (NYSEARCA:VPL) by 14.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,766 shares of the company’s stock after selling 1,179 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Vanguard FTSE Pacific ETF were worth $481,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Anchor Investment Management LLC lifted its holdings in Vanguard FTSE Pacific ETF by 418.8% in the second quarter. Anchor Investment Management LLC now owns 830 shares of the company’s stock valued at $62,000 after acquiring an additional 670 shares during the period. Provident Wealth Management LLC acquired a new position in Vanguard FTSE Pacific ETF in the third quarter valued at approximately $87,000. MeadowBrook Investment Advisors LLC lifted its holdings in Vanguard FTSE Pacific ETF by 3,430.3% in the third quarter. MeadowBrook Investment Advisors LLC now owns 1,165 shares of the company’s stock valued at $91,000 after acquiring an additional 1,132 shares during the period. US Bancorp DE lifted its holdings in Vanguard FTSE Pacific ETF by 81.2% in the third quarter. US Bancorp DE now owns 1,203 shares of the company’s stock valued at $94,000 after acquiring an additional 539 shares during the period. Finally, OneDigital Investment Advisors LLC acquired a new position in Vanguard FTSE Pacific ETF in the third quarter valued at approximately $210,000.

Vanguard FTSE Pacific ETF Trading Down 1.4 %

Shares of NYSEARCA:VPL opened at $72.64 on Friday. Vanguard FTSE Pacific ETF has a 12-month low of $67.57 and a 12-month high of $79.75. The company has a market capitalization of $6.94 billion, a PE ratio of 12.79 and a beta of 0.87. The business has a 50 day moving average of $72.74 and a two-hundred day moving average of $74.61.

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.