Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sees Large Volume Increase – Here’s Why

Shares of Vanguard FTSE Pacific ETF (NYSEARCA:VPL) saw unusually-strong trading volume on Monday . Approximately 1,080,146 shares were traded during mid-day 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 Price Performance

The company’s fifty day simple moving average is $73.38 and its two-hundred day simple moving average is $74.93. The stock has a market cap of $6.70 billion, a price-to-earnings ratio of 12.79 and a beta of 0.87.

Institutional Trading of Vanguard FTSE Pacific ETF

Several hedge funds have recently added to or reduced their stakes in VPL. Rockingstone Advisors LLC raised its holdings in Vanguard FTSE Pacific ETF by 1.5% during the 3rd quarter. Rockingstone Advisors LLC now owns 12,365 shares of the company’s stock valued at $969,000 after acquiring an additional 180 shares during the period. Savvy Advisors Inc. lifted its holdings in Vanguard FTSE Pacific ETF by 7.6% during the 3rd quarter. Savvy Advisors Inc. now owns 3,215 shares of the company’s stock worth $252,000 after purchasing an additional 228 shares in the last quarter. Resolute Advisors LLC increased its position in shares of Vanguard FTSE Pacific ETF by 0.9% during the third quarter. Resolute Advisors LLC now owns 30,062 shares of the company’s stock valued at $2,357,000 after buying an additional 270 shares during the period. Brown Brothers Harriman & Co. lifted its holdings in shares of Vanguard FTSE Pacific ETF by 105.8% in the second quarter. Brown Brothers Harriman & Co. now owns 535 shares of the company’s stock worth $40,000 after buying an additional 275 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its position in shares of Vanguard FTSE Pacific ETF by 0.7% in the third quarter. Dynamic Advisor Solutions LLC now owns 47,505 shares of the company’s stock valued at $3,724,000 after acquiring an additional 316 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.