Vanguard Communication Services ETF (NYSEARCA:VOX) Shares Purchased by Richmond Brothers Inc.

Richmond Brothers Inc. increased its position in Vanguard Communication Services ETF (NYSEARCA:VOX) by 6.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,988 shares of the company’s stock after purchasing an additional 3,344 shares during the quarter. Vanguard Communication Services ETF makes up 5.2% of Richmond Brothers Inc.’s portfolio, making the stock its 3rd biggest position. Richmond Brothers Inc. owned 0.17% of Vanguard Communication Services ETF worth $8,056,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. North Forty Two & Co. acquired a new stake in Vanguard Communication Services ETF in the fourth quarter worth about $292,000. VSM Wealth Advisory LLC acquired a new stake in Vanguard Communication Services ETF in the fourth quarter worth about $27,000. Thrivent Financial for Lutherans increased its position in Vanguard Communication Services ETF by 8.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 6,658 shares of the company’s stock worth $1,032,000 after purchasing an additional 495 shares during the period. Harbour Investments Inc. increased its position in Vanguard Communication Services ETF by 3.5% in the fourth quarter. Harbour Investments Inc. now owns 21,166 shares of the company’s stock worth $3,280,000 after purchasing an additional 712 shares during the period. Finally, one8zero8 LLC bought a new position in Vanguard Communication Services ETF during the fourth quarter worth about $78,000.

Vanguard Communication Services ETF Trading Down 1.6 %

Shares of VOX opened at $148.92 on Wednesday. Vanguard Communication Services ETF has a 1 year low of $122.73 and a 1 year high of $169.62. The stock has a market cap of $5.05 billion, a P/E ratio of 20.88 and a beta of 1.09. The stock’s 50-day moving average price is $160.41 and its two-hundred day moving average price is $153.71.

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.