Financial Management Professionals Inc. Invests $1.59 Million in Vanguard Communication Services ETF (NYSEARCA:VOX)

Financial Management Professionals Inc. acquired a new stake in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 10,704 shares of the company’s stock, valued at approximately $1,588,000.

Other large investors also recently modified their holdings of the company. Caprock Group LLC grew its holdings in shares of Vanguard Communication Services ETF by 265.3% during the 4th quarter. Caprock Group LLC now owns 5,596 shares of the company’s stock valued at $867,000 after purchasing an additional 4,064 shares during the last quarter. Spire Wealth Management boosted its position in Vanguard Communication Services ETF by 3.2% during the fourth quarter. Spire Wealth Management now owns 7,450 shares of the company’s stock valued at $1,154,000 after buying an additional 228 shares during the period. U.S. Capital Wealth Advisors LLC bought a new position in shares of Vanguard Communication Services ETF during the fourth quarter valued at about $2,175,000. RBA Wealth Management LLC grew its stake in shares of Vanguard Communication Services ETF by 10.5% during the fourth quarter. RBA Wealth Management LLC now owns 5,788 shares of the company’s stock valued at $897,000 after buying an additional 550 shares during the last quarter. Finally, Insight Advisors LLC PA purchased a new position in shares of Vanguard Communication Services ETF in the fourth quarter worth about $210,000.

Vanguard Communication Services ETF Trading Down 0.4%

NYSEARCA VOX opened at $159.66 on Wednesday. The firm has a market cap of $5.41 billion, a PE ratio of 19.32 and a beta of 1.08. Vanguard Communication Services ETF has a 1-year low of $127.35 and a 1-year high of $169.62. The stock has a 50-day moving average of $148.71 and a 200-day moving average of $155.21.

Vanguard Communication Services ETF Profile

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.