Freedom Investment Management Inc. Reduces Position in Vanguard FTSE Pacific ETF (NYSEARCA:VPL)

Freedom Investment Management Inc. trimmed its holdings in Vanguard FTSE Pacific ETF (NYSEARCA:VPL) by 11.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,856 shares of the company’s stock after selling 744 shares during the quarter. Freedom Investment Management Inc.’s holdings in Vanguard FTSE Pacific ETF were worth $459,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Brown Brothers Harriman & Co. lifted its position in Vanguard FTSE Pacific ETF by 105.8% during 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. Anchor Investment Management LLC raised its holdings in shares of Vanguard FTSE Pacific ETF by 418.8% during the 2nd quarter. Anchor Investment Management LLC now owns 830 shares of the company’s stock worth $62,000 after acquiring an additional 670 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Vanguard FTSE Pacific ETF during the 2nd quarter valued at about $83,000. Provident Wealth Management LLC purchased a new stake in shares of Vanguard FTSE Pacific ETF in the third quarter valued at about $87,000. Finally, MeadowBrook Investment Advisors LLC increased its position in Vanguard FTSE Pacific ETF by 3,430.3% during the third quarter. MeadowBrook Investment Advisors LLC now owns 1,165 shares of the company’s stock worth $91,000 after purchasing an additional 1,132 shares during the last quarter.

Vanguard FTSE Pacific ETF Price Performance

Shares of VPL stock opened at $75.38 on Friday. The firm’s 50-day moving average is $75.60 and its two-hundred day moving average is $75.20. 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 $7.20 billion, a PE ratio of 12.79 and a beta of 0.87.

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.