Vanguard Communication Services ETF (NYSEARCA:VOX) Shares Acquired by Royal Fund Management LLC

Royal Fund Management LLC increased its position in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 89.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 38,140 shares of the company’s stock after purchasing an additional 17,987 shares during the period. Royal Fund Management LLC’s holdings in Vanguard Communication Services ETF were worth $5,578,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Beacon Capital Management Inc. raised its stake in shares of Vanguard Communication Services ETF by 189.6% during the 1st quarter. Beacon Capital Management Inc. now owns 1,300,339 shares of the company’s stock worth $171,450,000 after buying an additional 851,313 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Vanguard Communication Services ETF by 21.6% during the second quarter. Envestnet Asset Management Inc. now owns 977,538 shares of the company’s stock worth $135,096,000 after acquiring an additional 173,884 shares during the period. KCM Investment Advisors LLC raised its position in Vanguard Communication Services ETF by 2.7% in the second quarter. KCM Investment Advisors LLC now owns 259,106 shares of the company’s stock worth $35,808,000 after acquiring an additional 6,895 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Vanguard Communication Services ETF by 6.9% in the second quarter. Cetera Investment Advisers now owns 237,816 shares of the company’s stock valued at $32,866,000 after acquiring an additional 15,373 shares during the period. Finally, Truist Financial Corp boosted its position in shares of Vanguard Communication Services ETF by 154.3% during the 2nd quarter. Truist Financial Corp now owns 206,443 shares of the company’s stock worth $28,530,000 after purchasing an additional 125,273 shares in the last quarter.

Vanguard Communication Services ETF Trading Down 0.0 %

Shares of NYSEARCA:VOX traded down $0.03 on Wednesday, reaching $145.57. 2,602 shares of the company were exchanged, compared to its average volume of 153,853. The company has a 50-day moving average of $139.05 and a 200-day moving average of $135.80. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 21.15 and a beta of 1.20. Vanguard Communication Services ETF has a 1-year low of $100.32 and a 1-year high of $146.70.

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.