Vanguard Communication Services ETF (NYSEARCA:VOX) Hits New 52-Week Low – Time to Sell?

Vanguard Communication Services ETF (NYSEARCA:VOX – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $172.23 and last traded at $174.2390, with a volume of 56,968 shares traded. The stock had previously closed at $177.46.

Vanguard Communication Services ETF Trading Down 1.5%

The firm has a 50 day moving average of $189.36 and a 200-day moving average of $189.76. The company has a market cap of $5.52 billion, a P/E ratio of 18.46 and a beta of 1.05.

Institutional Investors Weigh In On Vanguard Communication Services ETF

Institutional investors have recently added to or reduced their stakes in the stock. LJI Wealth Management LLC grew its position in Vanguard Communication Services ETF by 12.3% in the 3rd quarter. LJI Wealth Management LLC now owns 1,615 shares of the company’s stock valued at $308,000 after acquiring an additional 177 shares during the last quarter. Modera Wealth Management LLC boosted its position in Vanguard Communication Services ETF by 17.0% in the 3rd quarter. Modera Wealth Management LLC now owns 4,504 shares of the company’s stock valued at $858,000 after buying an additional 654 shares during the period. WestEnd Advisors LLC purchased a new stake in Vanguard Communication Services ETF in the 3rd quarter valued at about $149,000. Balance Wealth Partners LLC bought a new position in Vanguard Communication Services ETF in the 3rd quarter worth about $185,000. Finally, Oppenheimer & Co. Inc. increased its position in shares of Vanguard Communication Services ETF by 34.5% during the third quarter. Oppenheimer & Co. Inc. now owns 6,399 shares of the company’s stock worth $1,220,000 after acquiring an additional 1,642 shares during the period.

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.

Further Reading

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