Spire Wealth Management Lowers Holdings in Vanguard Communication Services ETF $VOX

Spire Wealth Management decreased its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 23.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,938 shares of the company’s stock after selling 1,489 shares during the quarter. Spire Wealth Management’s holdings in Vanguard Communication Services ETF were worth $845,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Grimes & Company Inc. grew its holdings in Vanguard Communication Services ETF by 3.3% in the 2nd quarter. Grimes & Company Inc. now owns 1,899 shares of the company’s stock valued at $325,000 after buying an additional 61 shares during the period. Silver Oak Securities Incorporated lifted its stake in shares of Vanguard Communication Services ETF by 2.9% in the 2nd quarter. Silver Oak Securities Incorporated now owns 2,306 shares of the company’s stock valued at $394,000 after purchasing an additional 66 shares in the last quarter. Financial Counselors Inc. lifted its stake in shares of Vanguard Communication Services ETF by 4.6% in the 1st quarter. Financial Counselors Inc. now owns 1,571 shares of the company’s stock valued at $233,000 after purchasing an additional 69 shares in the last quarter. McAdam LLC lifted its stake in shares of Vanguard Communication Services ETF by 4.4% in the 2nd quarter. McAdam LLC now owns 1,760 shares of the company’s stock valued at $301,000 after purchasing an additional 74 shares in the last quarter. Finally, Madden Advisory Services Inc. lifted its stake in shares of Vanguard Communication Services ETF by 5.0% in the 2nd quarter. Madden Advisory Services Inc. now owns 1,607 shares of the company’s stock valued at $275,000 after purchasing an additional 77 shares in the last quarter.

Vanguard Communication Services ETF Price Performance

NYSEARCA VOX opened at $186.65 on Friday. The firm has a market capitalization of $5.77 billion, a P/E ratio of 18.46 and a beta of 1.07. Vanguard Communication Services ETF has a 1-year low of $129.33 and a 1-year high of $192.83. The business’s 50-day simple moving average is $186.11 and its 200-day simple moving average is $171.31.

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.