Mission Wealth Management LP Trims Position in Vanguard Communication Services ETF (NYSEARCA:VOX)

Mission Wealth Management LP cut its position in Vanguard Communication Services ETF (NYSEARCA:VOX) by 19.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,618 shares of the company’s stock after selling 857 shares during the period. Mission Wealth Management LP’s holdings in Vanguard Communication Services ETF were worth $426,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Silver Oak Securities Incorporated purchased a new stake in shares of Vanguard Communication Services ETF in the fourth quarter worth $238,000. Absolute Capital Management LLC increased its holdings in Vanguard Communication Services ETF by 84.9% in the 4th quarter. Absolute Capital Management LLC now owns 25,306 shares of the company’s stock valued at $2,979,000 after acquiring an additional 11,623 shares during the last quarter. Truist Financial Corp increased its holdings in Vanguard Communication Services ETF by 1.6% in the 4th quarter. Truist Financial Corp now owns 184,626 shares of the company’s stock valued at $21,735,000 after acquiring an additional 2,947 shares during the last quarter. Penobscot Wealth Management increased its holdings in Vanguard Communication Services ETF by 1.5% in the 4th quarter. Penobscot Wealth Management now owns 8,189 shares of the company’s stock valued at $964,000 after acquiring an additional 118 shares during the last quarter. Finally, Bailard Inc. increased its holdings in Vanguard Communication Services ETF by 27.6% in the 4th quarter. Bailard Inc. now owns 10,164 shares of the company’s stock valued at $1,197,000 after acquiring an additional 2,196 shares during the last quarter.

Vanguard Communication Services ETF Stock Performance

Shares of NYSEARCA VOX opened at $130.29 on Friday. The company has a market cap of $3.97 billion, a P/E ratio of 21.15 and a beta of 1.20. The firm’s fifty day moving average is $129.39 and its two-hundred day moving average is $120.87. Vanguard Communication Services ETF has a 52-week low of $94.96 and a 52-week high of $134.34.

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.