PNC Financial Services Group Inc. Sells 4,612 Shares of Vanguard Communication Services ETF $VOX

PNC Financial Services Group Inc. lessened its position in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 7.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 57,345 shares of the company’s stock after selling 4,612 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.19% of Vanguard Communication Services ETF worth $10,313,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. raised its stake in Vanguard Communication Services ETF by 53.8% during the fourth quarter. Assetmark Inc. now owns 191,337 shares of the company’s stock worth $37,049,000 after buying an additional 66,915 shares during the last quarter. Diversify Wealth Management LLC acquired a new position in Vanguard Communication Services ETF in the fourth quarter valued at $535,000. Cornerstone National Bank & Trust Co acquired a new position in Vanguard Communication Services ETF in the fourth quarter valued at $673,000. Ameritas Advisory Services LLC boosted its position in Vanguard Communication Services ETF by 5,825.9% during the fourth quarter. Ameritas Advisory Services LLC now owns 128,828 shares of the company’s stock valued at $24,945,000 after acquiring an additional 126,654 shares during the last quarter. Finally, Exchange Traded Concepts LLC boosted its position in Vanguard Communication Services ETF by 21.5% during the fourth quarter. Exchange Traded Concepts LLC now owns 37,798 shares of the company’s stock valued at $7,319,000 after acquiring an additional 6,683 shares during the last quarter.

Vanguard Communication Services ETF Trading Up 0.6%

Shares of Vanguard Communication Services ETF stock opened at $179.81 on Friday. The business has a 50-day moving average price of $189.28 and a two-hundred day moving average price of $190.44. Vanguard Communication Services ETF has a 1-year low of $170.83 and a 1-year high of $200.77. The company has a market cap of $5.53 billion, a P/E ratio of 18.46 and a beta of 1.05.

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.