Vanguard Communication Services ETF (NYSEARCA:VOX) Shares Sold by Exchange Capital Management Inc.

Exchange Capital Management Inc. reduced its stake in Vanguard Communication Services ETF (NYSEARCA:VOX) by 2.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 50,730 shares of the company’s stock after selling 1,106 shares during the quarter. Vanguard Communication Services ETF accounts for 1.2% of Exchange Capital Management Inc.’s investment portfolio, making the stock its 22nd largest position. Exchange Capital Management Inc. owned 0.17% of Vanguard Communication Services ETF worth $7,861,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Founders Grove Wealth Partners LLC purchased a new position in shares of Vanguard Communication Services ETF in the 4th quarter valued at about $4,365,000. Crews Bank & Trust acquired a new stake in Vanguard Communication Services ETF during the 4th quarter worth $2,400,000. U.S. Capital Wealth Advisors LLC acquired a new position in Vanguard Communication Services ETF in the fourth quarter valued at $2,175,000. KCM Investment Advisors LLC grew its position in Vanguard Communication Services ETF by 3.7% in the 3rd quarter. KCM Investment Advisors LLC now owns 268,663 shares of the company’s stock valued at $39,061,000 after buying an additional 9,557 shares during the last quarter. Finally, Principal Securities Inc. lifted its holdings in shares of Vanguard Communication Services ETF by 8.3% in the 3rd quarter. Principal Securities Inc. now owns 93,403 shares of the company’s stock valued at $13,580,000 after buying an additional 7,183 shares during the period.

Vanguard Communication Services ETF Stock Down 0.2 %

Shares of VOX opened at $162.53 on Tuesday. The company has a 50-day simple moving average of $161.25 and a 200-day simple moving average of $151.62. The company has a market capitalization of $5.51 billion, a PE ratio of 22.47 and a beta of 1.06. Vanguard Communication Services ETF has a 52-week low of $122.73 and a 52-week high of $169.62.

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.