Foundations Investment Advisors LLC Cuts Stake in Vanguard Communication Services ETF $VOX

Foundations Investment Advisors LLC lowered its position in Vanguard Communication Services ETF (NYSEARCA:VOX) by 82.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,689 shares of the company’s stock after selling 13,000 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Vanguard Communication Services ETF were worth $521,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Godfrey Financial Associates Inc. purchased a new stake in Vanguard Communication Services ETF in the fourth quarter worth approximately $30,000. Field & Main Bank bought a new stake in Vanguard Communication Services ETF in the fourth quarter valued at approximately $33,000. International Assets Investment Management LLC bought a new stake in Vanguard Communication Services ETF in the fourth quarter valued at approximately $38,000. Asset Dedication LLC bought a new stake in Vanguard Communication Services ETF in the fourth quarter valued at approximately $39,000. Finally, Geneos Wealth Management Inc. lifted its position in Vanguard Communication Services ETF by 403.2% in the second quarter. Geneos Wealth Management Inc. now owns 317 shares of the company’s stock valued at $54,000 after purchasing an additional 254 shares during the last quarter.

Vanguard Communication Services ETF Stock Performance

Shares of VOX stock opened at $194.83 on Tuesday. Vanguard Communication Services ETF has a fifty-two week low of $157.77 and a fifty-two week high of $200.77. The stock has a 50 day moving average price of $191.57 and a two-hundred day moving average price of $191.14. The company has a market capitalization of $5.92 billion, a P/E ratio of 18.46 and a beta of 1.06.

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.