Dumont & Blake Investment Advisors LLC Sells 6,592 Shares of Vanguard Communication Services ETF (NYSEARCA:VOX)

Dumont & Blake Investment Advisors LLC lowered its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 30.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,774 shares of the company’s stock after selling 6,592 shares during the period. Dumont & Blake Investment Advisors LLC’s holdings in Vanguard Communication Services ETF were worth $1,939,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Beacon Capital Management Inc. boosted its position in Vanguard Communication Services ETF by 189.6% during the first quarter. Beacon Capital Management Inc. now owns 1,300,339 shares of the company’s stock valued at $171,450,000 after purchasing an additional 851,313 shares during the last quarter. UBS Group AG grew its stake in shares of Vanguard Communication Services ETF by 2.5% in the fourth quarter. UBS Group AG now owns 796,193 shares of the company’s stock valued at $93,731,000 after buying an additional 19,045 shares in the last quarter. Morningstar Investment Services LLC increased its holdings in Vanguard Communication Services ETF by 95.1% during the fourth quarter. Morningstar Investment Services LLC now owns 644,572 shares of the company’s stock worth $76,324,000 after buying an additional 314,172 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Vanguard Communication Services ETF by 10.0% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 302,293 shares of the company’s stock worth $35,587,000 after acquiring an additional 27,450 shares in the last quarter. Finally, Stifel Financial Corp lifted its stake in Vanguard Communication Services ETF by 5.5% in the fourth quarter. Stifel Financial Corp now owns 193,237 shares of the company’s stock valued at $22,750,000 after acquiring an additional 10,108 shares during the last quarter.

Vanguard Communication Services ETF Trading Down 0.8 %

Shares of Vanguard Communication Services ETF stock traded down $1.15 during trading on Friday, hitting $138.20. 105,950 shares of the stock were exchanged, compared to its average volume of 175,656. The company has a fifty day moving average price of $133.53 and a 200-day moving average price of $128.03. The stock has a market capitalization of $4.22 billion, a price-to-earnings ratio of 21.15 and a beta of 1.20. Vanguard Communication Services ETF has a 1-year low of $100.32 and a 1-year high of $140.16.

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.