Vanguard Communication Services ETF (NYSEARCA:VOX) Reaches New 52-Week High – Here’s Why

Vanguard Communication Services ETF (NYSEARCA:VOX)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $152.49 and last traded at $152.36, with a volume of 40049 shares traded. The stock had previously closed at $149.40.

Vanguard Communication Services ETF Price Performance

The firm has a market capitalization of $4.67 billion, a P/E ratio of 21.15 and a beta of 1.20. The firm has a 50-day moving average price of $143.60 and a two-hundred day moving average price of $138.16.

Institutional Trading of Vanguard Communication Services ETF

Several institutional investors and hedge funds have recently made changes to their positions in VOX. Ashton Thomas Securities LLC purchased a new position in shares of Vanguard Communication Services ETF during the third quarter valued at $26,000. Rothschild Investment LLC purchased a new position in shares of Vanguard Communication Services ETF during the second quarter valued at $40,000. Glassman Wealth Services increased its stake in shares of Vanguard Communication Services ETF by 57.1% during the second quarter. Glassman Wealth Services now owns 300 shares of the company’s stock valued at $41,000 after buying an additional 109 shares during the period. Rosenberg Matthew Hamilton purchased a new position in shares of Vanguard Communication Services ETF during the second quarter valued at $44,000. Finally, UMB Bank n.a. purchased a new position in shares of Vanguard Communication Services ETF during the second quarter valued at $79,000.

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.