Vanguard Communication Services ETF (NYSEARCA:VOX – Get Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 328,599 shares, a growth of 106.6% from the June 15th total of 159,024 shares. Currently, 1.1% of the shares of the company are short sold. Based on an average daily volume of 364,953 shares, the short-interest ratio is presently 0.9 days.
Institutional Investors Weigh In On Vanguard Communication Services ETF
A number of large investors have recently bought and sold shares of VOX. AQR Capital Management LLC increased its holdings in Vanguard Communication Services ETF by 15.2% in the first quarter. AQR Capital Management LLC now owns 5,115 shares of the company’s stock valued at $759,000 after buying an additional 676 shares in the last quarter. Jane Street Group LLC acquired a new position in Vanguard Communication Services ETF in the 1st quarter worth about $976,000. Bank of Nova Scotia boosted its position in Vanguard Communication Services ETF by 8.6% during the second quarter. Bank of Nova Scotia now owns 14,320 shares of the company’s stock worth $2,449,000 after purchasing an additional 1,130 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in Vanguard Communication Services ETF by 204.6% during the second quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock worth $55,981,000 after purchasing an additional 219,842 shares in the last quarter. Finally, Ieq Capital LLC grew its holdings in Vanguard Communication Services ETF by 988.8% in the second quarter. Ieq Capital LLC now owns 21,318 shares of the company’s stock valued at $3,646,000 after purchasing an additional 19,360 shares during the period.
Vanguard Communication Services ETF Stock Down 1.9%
Vanguard Communication Services ETF stock traded down $3.59 during mid-day trading on Friday, reaching $188.27. 170,906 shares of the company’s stock traded hands, compared to its average volume of 255,400. The company has a market cap of $5.79 billion, a price-to-earnings ratio of 18.46 and a beta of 1.05. Vanguard Communication Services ETF has a 12-month low of $169.20 and a 12-month high of $200.77. The stock has a 50 day moving average of $190.66 and a two-hundred day moving average of $190.80.
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.
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