Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Large Volume Increase – Here’s Why

Vanguard Communication Services ETF (NYSEARCA:VOXGet Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 262,401 shares traded hands during trading, an increase of 33% from the previous session’s volume of 197,109 shares.The stock last traded at $165.05 and had previously closed at $168.54.

Vanguard Communication Services ETF Stock Performance

The business has a 50 day moving average of $159.65 and a two-hundred day moving average of $148.86. The firm has a market capitalization of $5.06 billion, a price-to-earnings ratio of 21.15 and a beta of 1.20.

Institutional Trading of Vanguard Communication Services ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ashton Thomas Securities LLC bought a new position in shares of Vanguard Communication Services ETF in the third quarter valued at approximately $26,000. SBI Securities Co. Ltd. bought a new position in shares of Vanguard Communication Services ETF in the fourth quarter valued at approximately $43,000. Whipplewood Advisors LLC bought a new position in shares of Vanguard Communication Services ETF in the fourth quarter valued at approximately $51,000. Banque Cantonale Vaudoise bought a new position in shares of Vanguard Communication Services ETF in the third quarter valued at approximately $54,000. Finally, Larson Financial Group LLC bought a new position in shares of Vanguard Communication Services ETF in the third quarter valued at approximately $64,000.

Vanguard Communication Services ETF Company Profile

(Get Free Report)

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.

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