Spire Wealth Management Reduces Stock Holdings in Vanguard Communication Services ETF $VOX

Spire Wealth Management lowered its position in Vanguard Communication Services ETF (NYSEARCA:VOX) by 23.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,938 shares of the company’s stock after selling 1,489 shares during the quarter. Spire Wealth Management’s holdings in Vanguard Communication Services ETF were worth $845,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in VOX. Hartford Financial Management Inc. purchased a new position in shares of Vanguard Communication Services ETF in the second quarter valued at $27,000. Larson Financial Group LLC purchased a new position in shares of Vanguard Communication Services ETF in the first quarter valued at $30,000. Maseco LLP purchased a new stake in Vanguard Communication Services ETF during the 2nd quarter worth about $31,000. Rossby Financial LCC acquired a new position in Vanguard Communication Services ETF in the 1st quarter valued at about $82,000. Finally, AlphaCore Capital LLC acquired a new position in Vanguard Communication Services ETF in the 1st quarter valued at about $87,000.

Vanguard Communication Services ETF Trading Up 0.2%

Shares of VOX stock opened at $186.65 on Friday. The firm has a 50-day moving average price of $186.11 and a 200 day moving average price of $171.31. Vanguard Communication Services ETF has a twelve month low of $129.33 and a twelve month high of $192.83. The company has a market capitalization of $5.77 billion, a price-to-earnings ratio of 18.46 and a beta of 1.07.

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.