Invst LLC Decreases Stock Position in Vanguard Communication Services ETF (NYSEARCA:VOX)

Invst LLC cut its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 12.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 51,855 shares of the company’s stock after selling 7,537 shares during the quarter. Vanguard Communication Services ETF makes up about 1.0% of Invst LLC’s holdings, making the stock its 28th largest holding. Invst LLC’s holdings in Vanguard Communication Services ETF were worth $8,035,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VOX. VSM Wealth Advisory LLC purchased a new position in shares of Vanguard Communication Services ETF in the fourth quarter worth about $27,000. SBI Securities Co. Ltd. purchased a new position in shares of Vanguard Communication Services ETF in the fourth quarter worth about $43,000. FWL Investment Management LLC raised its stake in shares of Vanguard Communication Services ETF by 132.8% in the fourth quarter. FWL Investment Management LLC now owns 319 shares of the company’s stock worth $49,000 after purchasing an additional 182 shares during the last quarter. Whipplewood Advisors LLC purchased a new position in shares of Vanguard Communication Services ETF in the fourth quarter worth about $51,000. Finally, BNP Paribas Financial Markets raised its stake in shares of Vanguard Communication Services ETF by 3,170.0% in the fourth quarter. BNP Paribas Financial Markets now owns 327 shares of the company’s stock worth $51,000 after purchasing an additional 317 shares during the last quarter.

Vanguard Communication Services ETF Stock Down 0.6%

Shares of NYSEARCA:VOX opened at $156.75 on Friday. Vanguard Communication Services ETF has a 52-week low of $127.35 and a 52-week high of $169.62. The stock has a market cap of $5.31 billion, a price-to-earnings ratio of 19.32 and a beta of 1.08. The business has a 50-day moving average price of $147.85 and a 200-day moving average price of $154.97.

About Vanguard Communication Services ETF

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.