Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Large Volume Increase

Shares of Vanguard Communication Services ETF (NYSEARCA:VOX) saw strong trading volume on Wednesday . 465,029 shares traded hands during mid-day trading, an increase of 151% from the previous session’s volume of 185,124 shares.The stock last traded at $129.50 and had previously closed at $129.89.

Vanguard Communication Services ETF Trading Up 0.0 %

The stock has a market cap of $3.96 billion, a price-to-earnings ratio of 21.62 and a beta of 1.22. The stock has a fifty day simple moving average of $129.33 and a 200-day simple moving average of $119.93.

Institutional Trading of Vanguard Communication Services ETF

Several institutional investors have recently modified their holdings of VOX. PGIM Custom Harvest LLC boosted its stake in Vanguard Communication Services ETF by 4.4% in the 3rd quarter. PGIM Custom Harvest LLC now owns 1,401,694 shares of the company’s stock valued at $147,444,000 after buying an additional 58,593 shares in the last quarter. Beacon Capital Management Inc. boosted its stake in Vanguard Communication Services ETF by 189.6% in the 1st quarter. Beacon Capital Management Inc. now owns 1,300,339 shares of the company’s stock valued at $171,450,000 after buying an additional 851,313 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Vanguard Communication Services ETF by 102.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,090,339 shares of the company’s stock valued at $114,693,000 after buying an additional 552,760 shares in the last quarter. UBS Group AG boosted its stake in Vanguard Communication Services ETF by 2.5% in the 4th quarter. UBS Group AG now owns 796,193 shares of the company’s stock valued at $93,731,000 after buying an additional 19,045 shares in the last quarter. Finally, Morningstar Investment Services LLC boosted its stake in Vanguard Communication Services ETF by 95.1% in the 4th quarter. Morningstar Investment Services LLC now owns 644,572 shares of the company’s stock valued at $76,324,000 after buying an additional 314,172 shares in the last quarter.

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.