Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Strong Trading Volume – Here’s Why

Shares of Vanguard Communication Services ETF (NYSEARCA:VOXGet Free Report) saw an uptick in trading volume on Friday . 799,893 shares were traded during mid-day trading, an increase of 210% from the previous session’s volume of 258,275 shares.The stock last traded at $180.54 and had previously closed at $178.80.

Vanguard Communication Services ETF Stock Performance

The firm has a market cap of $5.55 billion, a PE ratio of 18.46 and a beta of 1.05. The stock has a 50-day simple moving average of $189.59 and a two-hundred day simple moving average of $190.51.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in VOX. Core Wealth Advisors LLC bought a new position in Vanguard Communication Services ETF during the fourth quarter valued at approximately $25,000. Main Street Group LTD purchased a new stake in Vanguard Communication Services ETF during the 1st quarter valued at $28,000. Godfrey Financial Associates Inc. bought a new position in shares of Vanguard Communication Services ETF during the 4th quarter valued at $30,000. Reflection Asset Management bought a new position in shares of Vanguard Communication Services ETF during the 4th quarter valued at $30,000. Finally, Cornerstone Planning Group LLC boosted its stake in shares of Vanguard Communication Services ETF by 835.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 159 shares of the company’s stock worth $31,000 after buying an additional 142 shares during the last quarter.

Vanguard Communication Services ETF Company Profile

(Get Free Report)

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.

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