Institute for Wealth Management LLC. Has $871,000 Stock Holdings in Vanguard Communication Services ETF (NYSEARCA:VOX)

Institute for Wealth Management LLC. decreased its holdings in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,400 shares of the company’s stock after selling 167 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Vanguard Communication Services ETF were worth $871,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. PGIM Custom Harvest LLC increased its position in Vanguard Communication Services ETF by 4.4% during the third quarter. PGIM Custom Harvest LLC now owns 1,401,694 shares of the company’s stock worth $147,444,000 after buying an additional 58,593 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Communication Services ETF by 102.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,090,339 shares of the company’s stock valued at $114,693,000 after acquiring an additional 552,760 shares in the last quarter. UBS Group AG lifted its holdings in Vanguard Communication Services ETF by 1.6% in the 1st quarter. UBS Group AG now owns 999,523 shares of the company’s stock worth $119,993,000 after purchasing an additional 16,053 shares during the last quarter. Morgan Stanley boosted its position in Vanguard Communication Services ETF by 1.8% during the third quarter. Morgan Stanley now owns 965,318 shares of the company’s stock worth $101,542,000 after purchasing an additional 17,431 shares during the period. Finally, Wells Fargo & Company MN grew its holdings in Vanguard Communication Services ETF by 15.1% during the second quarter. Wells Fargo & Company MN now owns 542,712 shares of the company’s stock valued at $57,696,000 after purchasing an additional 71,045 shares during the last quarter.

Vanguard Communication Services ETF Trading Down 1.4 %

Shares of Vanguard Communication Services ETF stock opened at $127.30 on Friday. Vanguard Communication Services ETF has a 1-year low of $93.47 and a 1-year high of $134.34. The firm has a fifty day simple moving average of $129.27 and a 200-day simple moving average of $119.41. The stock has a market capitalization of $3.88 billion, a price-to-earnings ratio of 21.62 and a beta of 1.22.

Vanguard Communication Services ETF Company 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.