CIBC Private Wealth Group LLC Increases Stock Holdings in Vanguard Communication Services ETF (NYSEARCA:VOX)

CIBC Private Wealth Group LLC lifted its stake in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 51.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,476 shares of the company’s stock after purchasing an additional 503 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Vanguard Communication Services ETF were worth $232,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VOX. Hennion & Walsh Asset Management Inc. increased its stake in Vanguard Communication Services ETF by 13.8% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 2,333 shares of the company’s stock valued at $362,000 after buying an additional 283 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Vanguard Communication Services ETF by 19.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,309 shares of the company’s stock valued at $336,000 after acquiring an additional 380 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Vanguard Communication Services ETF during the fourth quarter worth about $43,000. Kestra Private Wealth Services LLC raised its holdings in Vanguard Communication Services ETF by 15.2% during the fourth quarter. Kestra Private Wealth Services LLC now owns 2,804 shares of the company’s stock worth $435,000 after purchasing an additional 369 shares in the last quarter. Finally, Allworth Financial LP lifted its position in Vanguard Communication Services ETF by 6.6% in the fourth quarter. Allworth Financial LP now owns 2,617 shares of the company’s stock valued at $419,000 after purchasing an additional 161 shares during the period.

Vanguard Communication Services ETF Trading Down 5.5 %

Shares of VOX opened at $134.43 on Monday. The stock’s 50 day moving average is $158.26 and its two-hundred day moving average is $154.82. Vanguard Communication Services ETF has a twelve month low of $122.73 and a twelve month high of $169.62. The firm has a market capitalization of $4.56 billion, a PE ratio of 18.65 and a beta of 1.09.

Vanguard Communication Services ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.3832 per share. The ex-dividend date was Tuesday, March 25th. This is a positive change from Vanguard Communication Services ETF’s previous dividend of $0.32.

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.