KCM Investment Advisors LLC Sells 22,927 Shares of Vanguard Communication Services ETF $VOX

KCM Investment Advisors LLC lessened its stake in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 8.5% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 248,024 shares of the company’s stock after selling 22,927 shares during the quarter. Vanguard Communication Services ETF comprises about 1.5% of KCM Investment Advisors LLC’s portfolio, making the stock its 18th largest holding. KCM Investment Advisors LLC’s holdings in Vanguard Communication Services ETF were worth $44,605,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of VOX. Goldman Sachs Group Inc. grew its stake in Vanguard Communication Services ETF by 489.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 674,664 shares of the company’s stock valued at $130,635,000 after buying an additional 560,204 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Vanguard Communication Services ETF by 204.6% during the second quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock worth $55,981,000 after acquiring an additional 219,842 shares during the last quarter. Marks Wealth LLC acquired a new stake in Vanguard Communication Services ETF during the fourth quarter worth approximately $41,093,000. Assetmark Inc. boosted its holdings in shares of Vanguard Communication Services ETF by 79.2% during the first quarter. Assetmark Inc. now owns 342,932 shares of the company’s stock worth $61,673,000 after acquiring an additional 151,595 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of Vanguard Communication Services ETF by 3,434.7% during the third quarter. Mercer Global Advisors Inc. ADV now owns 143,613 shares of the company’s stock worth $26,963,000 after acquiring an additional 139,550 shares during the period.

Vanguard Communication Services ETF Trading Up 1.3%

Vanguard Communication Services ETF stock opened at $182.17 on Tuesday. Vanguard Communication Services ETF has a 12 month low of $170.83 and a 12 month high of $200.77. The stock’s 50 day moving average is $188.98 and its 200-day moving average is $190.32. The company has a market capitalization of $5.60 billion, a price-to-earnings ratio of 18.46 and a beta of 1.05.

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. 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.