Axiom Financial Strategies LLC Reduces Stock Holdings in Vanguard Communication Services ETF $VOX

Axiom Financial Strategies LLC lowered its stake in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 2.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,850 shares of the company’s stock after selling 1,033 shares during the quarter. Vanguard Communication Services ETF comprises approximately 3.7% of Axiom Financial Strategies LLC’s holdings, making the stock its 7th largest holding. Axiom Financial Strategies LLC owned 0.13% of Vanguard Communication Services ETF worth $6,644,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Retirement Planning Group LLC bought a new position in Vanguard Communication Services ETF during the second quarter worth $749,000. D.A. Davidson & CO. increased its position in Vanguard Communication Services ETF by 3.8% during the second quarter. D.A. Davidson & CO. now owns 8,160 shares of the company’s stock worth $1,396,000 after acquiring an additional 300 shares during the period. Dumont & Blake Investment Advisors LLC boosted its stake in Vanguard Communication Services ETF by 0.9% during the second quarter. Dumont & Blake Investment Advisors LLC now owns 14,769 shares of the company’s stock worth $2,526,000 after buying an additional 130 shares in the last quarter. Swmg LLC boosted its stake in Vanguard Communication Services ETF by 24.5% during the second quarter. Swmg LLC now owns 2,433 shares of the company’s stock worth $420,000 after buying an additional 479 shares in the last quarter. Finally, Kanawha Capital Management LLC acquired a new stake in Vanguard Communication Services ETF during the second quarter worth $226,000.

Vanguard Communication Services ETF Price Performance

VOX opened at $185.54 on Thursday. Vanguard Communication Services ETF has a fifty-two week low of $129.33 and a fifty-two week high of $192.83. The firm’s fifty day moving average price is $184.64 and its two-hundred day moving average price is $168.54. The company has a market capitalization of $5.74 billion, a P/E ratio of 18.46 and a beta of 1.04.

Vanguard Communication Services ETF 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.