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

Vanguard FTSE Pacific ETF (NYSEARCA:VPL) saw strong trading volume on Wednesday . 576,176 shares traded hands during mid-day trading, an increase of 22% from the previous session’s volume of 471,603 shares.The stock last traded at $72.97 and had previously closed at $73.51.

Vanguard FTSE Pacific ETF Stock Performance

The stock has a fifty day moving average price of $72.43 and a 200-day moving average price of $74.43. The firm has a market cap of $7.12 billion, a PE ratio of 12.79 and a beta of 0.87.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Parkworth Wealth Management Inc. acquired a new stake in Vanguard FTSE Pacific ETF during the fourth quarter valued at approximately $30,000. BTG Pactual Asset Management US LLC bought a new stake in shares of Vanguard FTSE Pacific ETF during the 4th quarter valued at about $34,000. Huntington National Bank acquired a new stake in shares of Vanguard FTSE Pacific ETF during the 4th quarter worth approximately $50,000. Farther Finance Advisors LLC grew its stake in Vanguard FTSE Pacific ETF by 133.1% during the 4th quarter. Farther Finance Advisors LLC now owns 809 shares of the company’s stock worth $57,000 after buying an additional 462 shares during the last quarter. Finally, Lee Danner & Bass Inc. acquired a new stake in Vanguard FTSE Pacific ETF in the fourth quarter worth $61,000.

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.