Truist Financial Corp Lowers Stake in Vanguard FTSE Pacific ETF (NYSEARCA:VPL)

Truist Financial Corp lessened its stake in shares of Vanguard FTSE Pacific ETF (NYSEARCA:VPL) by 5.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,979,404 shares of the company’s stock after selling 109,068 shares during the period. Truist Financial Corp owned about 2.07% of Vanguard FTSE Pacific ETF worth $146,832,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard FTSE Pacific ETF by 4.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 16,766 shares of the company’s stock worth $1,244,000 after buying an additional 760 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Vanguard FTSE Pacific ETF by 191.8% during the 2nd quarter. NewEdge Advisors LLC now owns 19,552 shares of the company’s stock worth $1,450,000 after acquiring an additional 12,852 shares in the last quarter. Squarepoint Ops LLC purchased a new position in Vanguard FTSE Pacific ETF during the 2nd quarter valued at about $748,000. AE Wealth Management LLC raised its holdings in shares of Vanguard FTSE Pacific ETF by 2.9% in the 2nd quarter. AE Wealth Management LLC now owns 11,600 shares of the company’s stock valued at $860,000 after purchasing an additional 328 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its position in shares of Vanguard FTSE Pacific ETF by 105.8% in the 2nd quarter. Brown Brothers Harriman & Co. now owns 535 shares of the company’s stock worth $40,000 after purchasing an additional 275 shares during the period.

Vanguard FTSE Pacific ETF Stock Performance

NYSEARCA VPL opened at $78.37 on Tuesday. The company has a market cap of $7.49 billion, a PE ratio of 12.79 and a beta of 0.87. Vanguard FTSE Pacific ETF has a 52-week low of $63.44 and a 52-week high of $79.75. The firm’s 50 day moving average price is $75.60 and its 200-day moving average price is $74.88.

Vanguard FTSE Pacific ETF 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.