Morningstar Investment Management LLC acquired a new stake in Vanguard Communication Services ETF (NYSEARCA:VOX – Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 94,391 shares of the company’s stock, valued at approximately $16,975,000. Vanguard Communication Services ETF comprises about 1.1% of Morningstar Investment Management LLC’s investment portfolio, making the stock its 15th largest holding. Morningstar Investment Management LLC owned 0.31% of Vanguard Communication Services ETF as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Goldman Sachs Group Inc. lifted its position in shares of Vanguard Communication Services ETF by 489.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 674,664 shares of the company’s stock worth $130,635,000 after purchasing an additional 560,204 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in Vanguard Communication Services ETF by 204.6% in the second quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock valued at $55,981,000 after buying an additional 219,842 shares during the last quarter. Marks Wealth LLC acquired a new stake in Vanguard Communication Services ETF in the fourth quarter valued at $41,093,000. Assetmark Inc. raised its stake in Vanguard Communication Services ETF by 79.2% in the first quarter. Assetmark Inc. now owns 342,932 shares of the company’s stock valued at $61,673,000 after buying an additional 151,595 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in Vanguard Communication Services ETF by 3,434.7% in the third quarter. Mercer Global Advisors Inc. ADV now owns 143,613 shares of the company’s stock valued at $26,963,000 after buying an additional 139,550 shares in the last quarter.
Vanguard Communication Services ETF Stock Up 0.6%
VOX stock opened at $179.81 on Friday. The stock has a market cap of $5.53 billion, a price-to-earnings ratio of 18.46 and a beta of 1.05. Vanguard Communication Services ETF has a fifty-two week low of $170.83 and a fifty-two week high of $200.77. The business has a 50 day moving average price of $189.28 and a 200 day moving average price of $190.44.
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. 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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