Vanguard Communication Services ETF $VOX Position Cut by Triangle Securities Wealth Management

Triangle Securities Wealth Management lessened its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 65.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,638 shares of the company’s stock after selling 12,381 shares during the quarter. Triangle Securities Wealth Management’s holdings in Vanguard Communication Services ETF were worth $1,265,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Elmwood Wealth Management Inc. acquired a new position in shares of Vanguard Communication Services ETF during the 3rd quarter worth about $206,000. Triumph Capital Management increased its stake in Vanguard Communication Services ETF by 10.0% in the third quarter. Triumph Capital Management now owns 960 shares of the company’s stock valued at $183,000 after purchasing an additional 87 shares in the last quarter. First Financial Corp IN raised its holdings in Vanguard Communication Services ETF by 3.7% in the third quarter. First Financial Corp IN now owns 25,358 shares of the company’s stock worth $4,833,000 after purchasing an additional 896 shares during the period. McCollum Christoferson Group LLC raised its holdings in Vanguard Communication Services ETF by 5.5% in the third quarter. McCollum Christoferson Group LLC now owns 2,115 shares of the company’s stock worth $403,000 after purchasing an additional 110 shares during the period. Finally, NorthCrest Asset Manangement LLC raised its holdings in Vanguard Communication Services ETF by 2.2% in the third quarter. NorthCrest Asset Manangement LLC now owns 6,116 shares of the company’s stock worth $1,178,000 after purchasing an additional 129 shares during the period.

Vanguard Communication Services ETF Stock Down 1.7%

Shares of NYSEARCA VOX opened at $190.90 on Thursday. The company’s fifty day moving average is $189.84 and its 200-day moving average is $189.75. The stock has a market cap of $6.03 billion, a price-to-earnings ratio of 18.46 and a beta of 1.05. Vanguard Communication Services ETF has a twelve month low of $172.37 and a twelve month high of $200.77.

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.