Gateway Wealth Partners LLC Purchases New Position in Vanguard Communication Services ETF $VOX

Gateway Wealth Partners LLC acquired a new position in Vanguard Communication Services ETF (NYSEARCA:VOX) in the 1st quarter, HoldingsChannel.com reports. The fund acquired 4,589 shares of the company’s stock, valued at approximately $825,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Goldman Sachs Group Inc. boosted its holdings in shares of Vanguard Communication Services ETF by 489.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 674,664 shares of the company’s stock worth $130,635,000 after acquiring an additional 560,204 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in Vanguard Communication Services ETF by 204.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock worth $55,981,000 after purchasing an additional 219,842 shares in the last quarter. Marks Wealth LLC bought a new position in Vanguard Communication Services ETF in the 4th quarter worth about $41,093,000. Assetmark Inc. boosted its stake in Vanguard Communication Services ETF by 79.2% in the 1st quarter. Assetmark Inc. now owns 342,932 shares of the company’s stock worth $61,673,000 after purchasing an additional 151,595 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its holdings in Vanguard Communication Services ETF by 3,434.7% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 143,613 shares of the company’s stock valued at $26,963,000 after buying an additional 139,550 shares in the last quarter.

Vanguard Communication Services ETF Trading Down 0.2%

Shares of Vanguard Communication Services ETF stock opened at $184.81 on Thursday. Vanguard Communication Services ETF has a 12-month low of $170.83 and a 12-month high of $200.77. The company has a market cap of $5.68 billion, a price-to-earnings ratio of 18.46 and a beta of 1.05. The company’s 50-day moving average price is $188.58 and its 200-day moving average price is $190.19.

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. 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.