Vanguard Communication Services ETF (NYSEARCA:VOX) Shares Gap Down to $129.93

Vanguard Communication Services ETF (NYSEARCA:VOX)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $129.93, but opened at $122.99. Vanguard Communication Services ETF shares last traded at $124.65, with a volume of 107,474 shares trading hands.

Vanguard Communication Services ETF Trading Up 3.0 %

The firm has a 50-day moving average of $129.32 and a 200 day moving average of $120.19. The company has a market cap of $3.94 billion, a P/E ratio of 21.62 and a beta of 1.22.

Institutional Investors Weigh In On Vanguard Communication Services ETF

Several institutional investors and hedge funds have recently made changes to their positions in VOX. Gables Capital Management Inc. acquired a new position in Vanguard Communication Services ETF during the 4th quarter worth approximately $29,000. Angeles Wealth Management LLC acquired a new position in Vanguard Communication Services ETF during the 4th quarter worth approximately $32,000. Global Retirement Partners LLC raised its stake in Vanguard Communication Services ETF by 51.2% during the 1st quarter. Global Retirement Partners LLC now owns 254 shares of the company’s stock worth $33,000 after buying an additional 86 shares during the period. Versant Capital Management Inc acquired a new position in Vanguard Communication Services ETF during the 4th quarter worth approximately $35,000. Finally, Sound Income Strategies LLC acquired a new position in Vanguard Communication Services ETF during the 1st quarter worth approximately $37,000.

About Vanguard Communication Services ETF

Vanguard Telecommunication Services ETF (the Fund) seeks to track the performance of a benchmark index that measures the investment return of telecommunication services stocks. The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. The MSCI US Investable Market Telecommunication Services 25/50 Index includes stocks of the United States companies within the telecommunication services sector.