Vanguard FTSE Pacific ETF (NYSEARCA:VPL) Sets New 12-Month Low – Here’s What Happened

Vanguard FTSE Pacific ETF (NYSEARCA:VPL)’s stock price hit a new 52-week low on Friday . The company traded as low as $66.97 and last traded at $67.73, with a volume of 4016 shares traded. The stock had previously closed at $70.24.

Vanguard FTSE Pacific ETF Stock Performance

The company has a market capitalization of $10.34 billion, a P/E ratio of 13.77 and a beta of 0.78. The business has a 50 day moving average of $73.61 and a 200-day moving average of $74.07.

Vanguard FTSE Pacific ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were given a dividend of $0.4178 per share. The ex-dividend date was Friday, March 21st. This is a positive change from Vanguard FTSE Pacific ETF’s previous dividend of $0.20.

Institutional Trading of Vanguard FTSE Pacific ETF

Several institutional investors have recently added to or reduced their stakes in VPL. Mather Group LLC. boosted its position in shares of Vanguard FTSE Pacific ETF by 1.7% in the 4th quarter. Mather Group LLC. now owns 4,536,546 shares of the company’s stock worth $322,276,000 after purchasing an additional 77,207 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Vanguard FTSE Pacific ETF by 4.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,004,278 shares of the company’s stock worth $284,464,000 after acquiring an additional 173,924 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Vanguard FTSE Pacific ETF during the 4th quarter worth approximately $270,026,000. Truist Financial Corp boosted its position in shares of Vanguard FTSE Pacific ETF by 4.3% in the fourth quarter. Truist Financial Corp now owns 2,066,985 shares of the company’s stock worth $146,839,000 after purchasing an additional 84,576 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Vanguard FTSE Pacific ETF by 2.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,586,552 shares of the company’s stock valued at $112,709,000 after purchasing an additional 43,192 shares during the period.

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.