Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Unusually-High Trading Volume – Here’s What Happened

Vanguard Communication Services ETF (NYSEARCA:VOX) saw an uptick in trading volume on Friday . 799,893 shares traded hands during trading, an increase of 210% from the previous session’s volume of 258,275 shares.The stock last traded at $180.54 and had previously closed at $178.80.

Vanguard Communication Services ETF Trading Up 1.0%

The firm has a market capitalization of $5.55 billion, a P/E ratio of 18.46 and a beta of 1.05. The business’s 50 day simple moving average is $189.59 and its two-hundred day simple moving average is $190.51.

Institutional Investors Weigh In On Vanguard Communication Services ETF

Several institutional investors and hedge funds have recently made changes to their positions in VOX. Core Wealth Advisors LLC bought a new position in Vanguard Communication Services ETF in the 4th quarter valued at approximately $25,000. Reflection Asset Management bought a new stake in shares of Vanguard Communication Services ETF in the 4th quarter worth $30,000. Godfrey Financial Associates Inc. bought a new stake in shares of Vanguard Communication Services ETF in the 4th quarter worth $30,000. Main Street Group LTD purchased a new position in shares of Vanguard Communication Services ETF in the first quarter worth $28,000. Finally, Cornerstone Planning Group LLC raised its stake in shares of Vanguard Communication Services ETF by 835.3% in the first quarter. Cornerstone Planning Group LLC now owns 159 shares of the company’s stock worth $31,000 after purchasing an additional 142 shares during the last quarter.

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.