Vanguard Communication Services ETF $VOX is Absolute Capital Management LLC’s 10th Largest Position

Absolute Capital Management LLC reduced its stake in Vanguard Communication Services ETF (NYSEARCA:VOX) by 8.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 29,295 shares of the company’s stock after selling 2,868 shares during the quarter. Vanguard Communication Services ETF makes up approximately 2.5% of Absolute Capital Management LLC’s investment portfolio, making the stock its 10th biggest position. Absolute Capital Management LLC’s holdings in Vanguard Communication Services ETF were worth $5,010,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. NFP Retirement Inc. raised its stake in shares of Vanguard Communication Services ETF by 2.9% in the second quarter. NFP Retirement Inc. now owns 4,206 shares of the company’s stock worth $719,000 after buying an additional 117 shares during the period. Dorsey & Whitney Trust CO LLC grew its stake in shares of Vanguard Communication Services ETF by 6.9% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 13,356 shares of the company’s stock valued at $2,284,000 after acquiring an additional 857 shares during the period. Johnson Financial Group LLC purchased a new stake in Vanguard Communication Services ETF in the 2nd quarter worth approximately $221,000. Nomura Asset Management Co. Ltd. raised its stake in Vanguard Communication Services ETF by 300.0% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 1,600 shares of the company’s stock worth $274,000 after acquiring an additional 1,200 shares during the period. Finally, Meridian Wealth Management LLC lifted its holdings in Vanguard Communication Services ETF by 14.4% during the second quarter. Meridian Wealth Management LLC now owns 1,687 shares of the company’s stock valued at $289,000 after purchasing an additional 212 shares in the last quarter.

Vanguard Communication Services ETF Price Performance

VOX opened at $180.93 on Thursday. The company has a 50 day simple moving average of $186.24 and a two-hundred day simple moving average of $174.91. The firm has a market cap of $5.59 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.

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.