Axiom Financial Strategies LLC Sells 19,586 Shares of Vanguard Communication Services ETF $VOX

Axiom Financial Strategies LLC lowered its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 50.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,264 shares of the company’s stock after selling 19,586 shares during the quarter. Vanguard Communication Services ETF comprises approximately 1.6% of Axiom Financial Strategies LLC’s investment portfolio, making the stock its 18th largest holding. Axiom Financial Strategies LLC owned about 0.06% of Vanguard Communication Services ETF worth $3,616,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. PGIM Custom Harvest LLC raised its holdings in Vanguard Communication Services ETF by 1.6% during the third quarter. PGIM Custom Harvest LLC now owns 1,998,409 shares of the company’s stock worth $375,161,000 after buying an additional 31,530 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Vanguard Communication Services ETF by 0.4% in the third quarter. Bank of America Corp DE now owns 1,795,262 shares of the company’s stock valued at $337,025,000 after buying an additional 7,900 shares in the last quarter. Beacon Capital Management Inc. grew its holdings in shares of Vanguard Communication Services ETF by 192.8% during the second quarter. Beacon Capital Management Inc. now owns 759,842 shares of the company’s stock valued at $129,956,000 after buying an additional 500,292 shares during the last quarter. Foundations Investment Advisors LLC grew its holdings in shares of Vanguard Communication Services ETF by 4.4% during the second quarter. Foundations Investment Advisors LLC now owns 401,827 shares of the company’s stock valued at $68,725,000 after buying an additional 17,069 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Vanguard Communication Services ETF by 9.0% during the second quarter. Ameriprise Financial Inc. now owns 331,114 shares of the company’s stock worth $56,621,000 after acquiring an additional 27,293 shares in the last quarter.

Vanguard Communication Services ETF Price Performance

VOX opened at $185.40 on Friday. Vanguard Communication Services ETF has a fifty-two week low of $129.33 and a fifty-two week high of $200.77. The firm has a market capitalization of $6.01 billion, a PE ratio of 18.46 and a beta of 1.07. The company’s 50-day moving average is $192.11 and its 200 day moving average is $189.19.

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. 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.