Foundations Investment Advisors LLC Has $68.73 Million Holdings in Vanguard Communication Services ETF $VOX

Foundations Investment Advisors LLC increased its position in Vanguard Communication Services ETF (NYSEARCA:VOX) by 4.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 401,827 shares of the company’s stock after purchasing an additional 17,069 shares during the period. Vanguard Communication Services ETF makes up 1.1% of Foundations Investment Advisors LLC’s investment portfolio, making the stock its 20th largest holding. Foundations Investment Advisors LLC owned about 1.30% of Vanguard Communication Services ETF worth $68,725,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of VOX. D.A. Davidson & CO. increased its holdings in Vanguard Communication Services ETF by 3.8% during the 2nd quarter. D.A. Davidson & CO. now owns 8,160 shares of the company’s stock worth $1,396,000 after purchasing an additional 300 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Vanguard Communication Services ETF by 14.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 4,588 shares of the company’s stock valued at $785,000 after purchasing an additional 586 shares during the last quarter. Park Avenue Securities LLC purchased a new stake in Vanguard Communication Services ETF during the second quarter worth about $404,000. McAdam LLC increased its stake in shares of Vanguard Communication Services ETF by 4.4% during the 2nd quarter. McAdam LLC now owns 1,760 shares of the company’s stock worth $301,000 after purchasing an additional 74 shares during the last quarter. Finally, Atlantic Union Bankshares Corp bought a new stake in shares of Vanguard Communication Services ETF in the second quarter valued at $483,000.

Vanguard Communication Services ETF Stock Down 0.6%

NYSEARCA VOX opened at $180.29 on Friday. The company has a market cap of $5.57 billion, a PE ratio of 18.46 and a beta of 1.07. The firm’s 50-day simple moving average is $186.58 and its two-hundred day simple moving average is $174.05. Vanguard Communication Services ETF has a 52 week low of $129.33 and a 52 week high of $192.83.

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.