Vanguard Communication Services ETF $VOX Shares Sold by Richmond Brothers Inc.

Richmond Brothers Inc. trimmed its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 10.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,828 shares of the company’s stock after selling 4,639 shares during the quarter. Vanguard Communication Services ETF accounts for about 4.7% of Richmond Brothers Inc.’s portfolio, making the stock its 2nd biggest holding. Richmond Brothers Inc. owned 0.12% of Vanguard Communication Services ETF worth $7,325,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Principal Securities Inc. lifted its stake in Vanguard Communication Services ETF by 1.0% during the fourth quarter. Principal Securities Inc. now owns 35,715 shares of the company’s stock valued at $6,916,000 after buying an additional 337 shares in the last quarter. Mosley Wealth Management purchased a new stake in Vanguard Communication Services ETF during the fourth quarter valued at about $1,264,000. Great Valley Advisor Group Inc. lifted its stake in Vanguard Communication Services ETF by 10.0% during the fourth quarter. Great Valley Advisor Group Inc. now owns 18,857 shares of the company’s stock valued at $3,652,000 after buying an additional 1,709 shares in the last quarter. Kovack Advisors Inc. lifted its stake in Vanguard Communication Services ETF by 11.0% during the fourth quarter. Kovack Advisors Inc. now owns 6,889 shares of the company’s stock valued at $1,327,000 after buying an additional 684 shares in the last quarter. Finally, Cowa LLC purchased a new stake in shares of Vanguard Communication Services ETF in the fourth quarter worth approximately $204,000.

Vanguard Communication Services ETF Price Performance

NYSEARCA VOX opened at $187.30 on Friday. The company has a 50 day simple moving average of $193.14 and a 200-day simple moving average of $191.57. The firm has a market capitalization of $5.69 billion, a price-to-earnings ratio of 18.46 and a beta of 1.05. Vanguard Communication Services ETF has a 52-week low of $160.74 and a 52-week high of $200.77.

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.