Atria Wealth Solutions Inc. has reduced its investment in the Vanguard FTSE Pacific ETF (NYSEARCA:VPL) by 22.7% during the first quarter of 2023. This information comes from Atria’s latest 13F filing with the Securities and Exchange Commission, revealing that the firm now holds 15,453 shares of the ETF after selling 4,538 shares during the period. As of its most recent filing, Atria’s holdings in the Vanguard FTSE Pacific ETF are valued at approximately $1,120,000.
Several other institutional investors have also adjusted their positions in the Vanguard FTSE Pacific ETF recently. Avantax Advisory Services Inc. increased its holdings by 1.8% in the first quarter, now owning 7,789 shares valued at $564,000 after acquiring an additional 140 shares. Similarly, Captrust Financial Advisors raised its stake by 1.9% during the fourth quarter, bringing its total to 8,063 shares, valued at $573,000 following a purchase of 151 shares.
Other notable changes include a 4.3% increase in holdings by Southland Equity Partners LLC, which now owns 3,647 shares valued at $264,000 after purchasing an additional 152 shares. Belpointe Asset Management LLC also increased its position by 1.3%, now holding 13,648 shares worth $1,060,000 after buying 170 shares. In a significant move, Creative Financial Designs Inc. ADV boosted its holdings by a remarkable 85.7% during the first quarter, now owning 403 shares valued at $29,000 after acquiring an additional 186 shares.
Market Performance of Vanguard FTSE Pacific ETF
As of the latest trading session, the Vanguard FTSE Pacific ETF opened at $85.30. The ETF has a market capitalization of $7.90 billion, with a price-to-earnings ratio of 14.65 and a beta of 0.77. Over the past year, the ETF has experienced a low of $64.21 and a high of $85.63. Current moving averages are $81.58 for the fifty-day period and $76.71 for the 200-day period.
The Vanguard FTSE Pacific ETF, previously known as the Vanguard MSCI Pacific ETF, aims to replicate the performance of the MSCI Pacific Index. This index includes common stocks from companies located in Japan, Australia, Hong Kong, New Zealand, and Singapore.
As institutional investors continue to evaluate their portfolios, the adjustments in holdings suggest a dynamic landscape for the Vanguard FTSE Pacific ETF and its potential impact on the broader market.
