Assetmark Inc. Sells 206,812 Shares of Vanguard FTSE Pacific ETF $VPL

Assetmark Inc. reduced its holdings in shares of Vanguard FTSE Pacific ETF (NYSEARCA:VPL) by 58.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 149,401 shares of the company’s stock after selling 206,812 shares during the period. Assetmark Inc.’s holdings in Vanguard FTSE Pacific ETF were worth $14,601,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VPL. Regency Capital Management Inc. DE boosted its holdings in Vanguard FTSE Pacific ETF by 135.1% during the first quarter. Regency Capital Management Inc. DE now owns 72,425 shares of the company’s stock valued at $7,078,000 after purchasing an additional 41,616 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard FTSE Pacific ETF by 29.9% in the 1st quarter. Wealthfront Advisers LLC now owns 10,849 shares of the company’s stock worth $1,060,000 after buying an additional 2,495 shares in the last quarter. Luminvest Wealth Management LLC acquired a new position in shares of Vanguard FTSE Pacific ETF in the 1st quarter worth approximately $261,000. Fifth Third Bancorp bought a new position in shares of Vanguard FTSE Pacific ETF during the 1st quarter worth approximately $2,432,000. Finally, DMC Group LLC bought a new position in shares of Vanguard FTSE Pacific ETF during the 1st quarter worth approximately $235,000.

Vanguard FTSE Pacific ETF Price Performance

Shares of VPL stock opened at $108.00 on Monday. The stock’s fifty day simple moving average is $113.88 and its 200 day simple moving average is $105.54. The firm has a market cap of $8.00 billion, a price-to-earnings ratio of 14.65 and a beta of 0.80. Vanguard FTSE Pacific ETF has a one year low of $80.85 and a one year high of $121.23.

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. The Fund employs a passive management or indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the MSCI Pacific Index (the Index).