J. M. Brown & Associates Inc. Buys Shares of 10,296 Vanguard Communication Services ETF $VOX

J. M. Brown & Associates Inc. purchased a new stake in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,296 shares of the company’s stock, valued at approximately $1,894,000. Vanguard Communication Services ETF accounts for approximately 1.1% of J. M. Brown & Associates Inc.’s portfolio, making the stock its 19th biggest holding.

Several other institutional investors have also modified their holdings of the company. Diversify Wealth Management LLC bought a new stake in Vanguard Communication Services ETF in the 4th quarter valued at about $535,000. Cornerstone National Bank & Trust Co acquired a new position in Vanguard Communication Services ETF during the 4th quarter valued at about $673,000. Ameritas Advisory Services LLC grew its position in Vanguard Communication Services ETF by 5,825.9% in the 4th quarter. Ameritas Advisory Services LLC now owns 128,828 shares of the company’s stock worth $24,945,000 after purchasing an additional 126,654 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Communication Services ETF by 37.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 137,539 shares of the company’s stock worth $26,632,000 after purchasing an additional 37,330 shares during the last quarter. Finally, Manning & Napier Advisors LLC increased its stake in shares of Vanguard Communication Services ETF by 152.1% in the first quarter. Manning & Napier Advisors LLC now owns 4,341 shares of the company’s stock valued at $781,000 after purchasing an additional 2,619 shares during the period.

Vanguard Communication Services ETF Trading Up 1.8%

VOX opened at $188.52 on Friday. The business’s 50 day moving average is $186.57 and its 200-day moving average is $189.65. The stock has a market cap of $5.79 billion, a PE ratio of 18.46 and a beta of 1.05. Vanguard Communication Services ETF has a twelve month low of $172.37 and a twelve month high of $200.77.

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. 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.