Citizens Financial Group Inc. RI Increases Stock Holdings in Vanguard Communication Services ETF (NYSEARCA:VOX)

Citizens Financial Group Inc. RI grew its position in Vanguard Communication Services ETF (NYSEARCA:VOX) by 10.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,377 shares of the company’s stock after buying an additional 578 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Vanguard Communication Services ETF were worth $946,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Bank of America Corp DE increased its position in shares of Vanguard Communication Services ETF by 1.0% in the fourth quarter. Bank of America Corp DE now owns 1,673,616 shares of the company’s stock valued at $259,344,000 after buying an additional 16,079 shares in the last quarter. Foundations Investment Advisors LLC purchased a new position in shares of Vanguard Communication Services ETF in the first quarter valued at $57,094,000. LPL Financial LLC increased its position in shares of Vanguard Communication Services ETF by 1.5% in the first quarter. LPL Financial LLC now owns 253,985 shares of the company’s stock valued at $37,689,000 after buying an additional 3,815 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Communication Services ETF in the fourth quarter valued at $37,042,000. Finally, Cetera Investment Advisers increased its position in shares of Vanguard Communication Services ETF by 2.9% in the first quarter. Cetera Investment Advisers now owns 224,022 shares of the company’s stock valued at $33,243,000 after buying an additional 6,224 shares in the last quarter.

Vanguard Communication Services ETF Trading Down 0.7%

Vanguard Communication Services ETF stock opened at $173.97 on Friday. The stock has a market cap of $5.40 billion, a PE ratio of 18.46 and a beta of 1.04. The stock has a 50-day moving average price of $168.31 and a 200 day moving average price of $159.01. Vanguard Communication Services ETF has a 52 week low of $129.33 and a 52 week high of $176.86.

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.