Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Unusually-High Trading Volume

Vanguard Communication Services ETF (NYSEARCA:VOX) shares saw an uptick in trading volume on Wednesday . 465,029 shares changed hands during mid-day trading, an increase of 151% from the previous session’s volume of 185,124 shares.The stock last traded at $129.50 and had previously closed at $129.89.

Vanguard Communication Services ETF Trading Up 3.0 %

The stock has a 50-day moving average price of $129.32 and a two-hundred day moving average price of $120.19. The stock has a market cap of $3.94 billion, a price-to-earnings ratio of 21.62 and a beta of 1.22.

Hedge Funds Weigh In On Vanguard Communication Services ETF

A number of institutional investors have recently modified their holdings of the stock. Beacon Capital Management Inc. increased its stake in shares of Vanguard Communication Services ETF by 189.6% in the 1st quarter. Beacon Capital Management Inc. now owns 1,300,339 shares of the company’s stock valued at $171,450,000 after purchasing an additional 851,313 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Communication Services ETF by 102.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,090,339 shares of the company’s stock valued at $114,693,000 after purchasing an additional 552,760 shares in the last quarter. Morningstar Investment Services LLC increased its stake in shares of Vanguard Communication Services ETF by 95.1% in the 4th quarter. Morningstar Investment Services LLC now owns 644,572 shares of the company’s stock valued at $76,324,000 after purchasing an additional 314,172 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of Vanguard Communication Services ETF by 5,762.3% in the 4th quarter. International Assets Investment Management LLC now owns 115,605 shares of the company’s stock valued at $13,609,000 after purchasing an additional 113,633 shares in the last quarter. Finally, Invst LLC purchased a new position in shares of Vanguard Communication Services ETF in the 3rd quarter valued at about $9,267,000.

Vanguard Communication Services ETF Company Profile

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.