KCM Investment Advisors LLC Sells 22,927 Shares of Vanguard Communication Services ETF $VOX

KCM Investment Advisors LLC cut its stake in Vanguard Communication Services ETF (NYSEARCA:VOX) by 8.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 248,024 shares of the company’s stock after selling 22,927 shares during the period. Vanguard Communication Services ETF makes up 1.5% of KCM Investment Advisors LLC’s holdings, making the stock its 18th largest position. KCM Investment Advisors LLC owned approximately 0.82% of Vanguard Communication Services ETF worth $44,605,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. PGIM Custom Harvest LLC raised its stake in shares of Vanguard Communication Services ETF by 1.6% in the 3rd quarter. PGIM Custom Harvest LLC now owns 1,998,409 shares of the company’s stock valued at $375,161,000 after purchasing an additional 31,530 shares during the period. Bank of America Corp DE boosted its position in shares of Vanguard Communication Services ETF by 0.4% during the third quarter. Bank of America Corp DE now owns 1,795,262 shares of the company’s stock worth $337,025,000 after buying an additional 7,900 shares during the period. Morgan Stanley grew its holdings in shares of Vanguard Communication Services ETF by 0.9% during the fourth quarter. Morgan Stanley now owns 1,072,900 shares of the company’s stock worth $207,746,000 after buying an additional 9,795 shares in the last quarter. UBS Group AG grew its holdings in shares of Vanguard Communication Services ETF by 0.4% during the fourth quarter. UBS Group AG now owns 712,378 shares of the company’s stock worth $137,938,000 after buying an additional 2,573 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Vanguard Communication Services ETF by 489.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 674,664 shares of the company’s stock worth $130,635,000 after buying an additional 560,204 shares in the last quarter.

Vanguard Communication Services ETF Stock Performance

Shares of Vanguard Communication Services ETF stock opened at $182.17 on Tuesday. The firm has a market cap of $5.60 billion, a PE ratio of 18.46 and a beta of 1.05. The business’s 50 day simple moving average is $188.98 and its 200 day simple moving average is $190.32. Vanguard Communication Services ETF has a 52-week low of $170.83 and a 52-week high of $200.77.

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.