Narus Financial Partners LLC Has $1.36 Million Position in Vanguard Communication Services ETF $VOX

Narus Financial Partners LLC lessened its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 65.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 7,251 shares of the company’s stock after selling 13,784 shares during the period. Vanguard Communication Services ETF makes up 1.4% of Narus Financial Partners LLC’s portfolio, making the stock its 22nd biggest position. Narus Financial Partners LLC’s holdings in Vanguard Communication Services ETF were worth $1,361,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VOX. Beacon Capital Management Inc. boosted its position in shares of Vanguard Communication Services ETF by 192.8% during the 2nd quarter. Beacon Capital Management Inc. now owns 759,842 shares of the company’s stock valued at $129,956,000 after acquiring an additional 500,292 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Vanguard Communication Services ETF by 204.6% in the second quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock valued at $55,981,000 after acquiring an additional 219,842 shares during the period. PGIM Custom Harvest LLC raised its position in Vanguard Communication Services ETF by 8.7% in the second quarter. PGIM Custom Harvest LLC now owns 1,966,879 shares of the company’s stock worth $336,395,000 after purchasing an additional 157,783 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in Vanguard Communication Services ETF by 3,434.7% in the third quarter. Mercer Global Advisors Inc. ADV now owns 143,613 shares of the company’s stock worth $26,963,000 after purchasing an additional 139,550 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in Vanguard Communication Services ETF by 6.2% during the second quarter. Bank of America Corp DE now owns 1,787,362 shares of the company’s stock worth $305,692,000 after purchasing an additional 103,889 shares during the period.

Vanguard Communication Services ETF Trading Down 1.5%

NYSEARCA VOX opened at $185.42 on Thursday. Vanguard Communication Services ETF has a 1-year low of $129.33 and a 1-year high of $200.77. The company has a market capitalization of $6.01 billion, a price-to-earnings ratio of 18.46 and a beta of 1.07. The stock’s 50 day moving average is $191.68 and its two-hundred day moving average is $189.34.

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.