Vanguard Communication Services ETF (NYSEARCA:VOX) Hits New 1-Year High – Should You Buy?

Vanguard Communication Services ETF (NYSEARCA:VOX)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $196.28 and last traded at $194.3570, with a volume of 20434 shares changing hands. The stock had previously closed at $195.29.

Vanguard Communication Services ETF Trading Down 0.3%

The firm has a market cap of $6.27 billion, a PE ratio of 18.46 and a beta of 1.07. The firm has a fifty day simple moving average of $190.32 and a two-hundred day simple moving average of $183.90.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Blue Fin Capital Inc. lifted its position in shares of Vanguard Communication Services ETF by 2.7% in the 3rd quarter. Blue Fin Capital Inc. now owns 2,151 shares of the company’s stock worth $404,000 after purchasing an additional 56 shares during the period. Nwam LLC increased its position in shares of Vanguard Communication Services ETF by 0.8% during the third quarter. Nwam LLC now owns 7,368 shares of the company’s stock valued at $1,367,000 after buying an additional 59 shares during the period. CreativeOne Wealth LLC raised its stake in Vanguard Communication Services ETF by 3.7% in the third quarter. CreativeOne Wealth LLC now owns 1,663 shares of the company’s stock worth $312,000 after buying an additional 60 shares in the last quarter. Equitable Holdings Inc. lifted its holdings in Vanguard Communication Services ETF by 2.2% in the third quarter. Equitable Holdings Inc. now owns 2,827 shares of the company’s stock worth $531,000 after buying an additional 60 shares during the period. Finally, Grimes & Company Inc. lifted its holdings in Vanguard Communication Services ETF by 3.3% in the second quarter. Grimes & Company Inc. now owns 1,899 shares of the company’s stock worth $325,000 after buying an additional 61 shares during the period.

Vanguard Communication Services ETF Company 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. The sector is made up of companies that provide communications services primarily through fixed-line, cellular, wireless, high-bandwidth, and/or fiber-optic cable networks.