Vanguard Communication Services ETF (NYSEARCA:VOX) Reaches New 52-Week High – Here’s Why

by · The Cerbat Gem

Vanguard Communication Services ETF (NYSEARCA:VOX – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $152.49 and last traded at $152.36, with a volume of 40049 shares traded. The stock had previously closed at $149.40.

Vanguard Communication Services ETF Trading Up 2.6 %

The firm has a market cap of $4.67 billion, a P/E ratio of 21.15 and a beta of 1.20. The company’s 50 day simple moving average is $143.60 and its 200-day simple moving average is $138.16.

Institutional Investors Weigh In On Vanguard Communication Services ETF

A number of institutional investors have recently added to or reduced their stakes in VOX. Ashton Thomas Securities LLC purchased a new position in shares of Vanguard Communication Services ETF in the third quarter valued at $26,000. Rothschild Investment LLC bought a new stake in Vanguard Communication Services ETF in the second quarter worth $40,000. Glassman Wealth Services lifted its position in Vanguard Communication Services ETF by 57.1% in the second quarter. Glassman Wealth Services now owns 300 shares of the company’s stock worth $41,000 after buying an additional 109 shares during the last quarter. Rosenberg Matthew Hamilton bought a new stake in Vanguard Communication Services ETF in the second quarter worth $44,000. Finally, UMB Bank n.a. bought a new stake in Vanguard Communication Services ETF in the second quarter worth $79,000.

About Vanguard Communication Services ETF

(Get Free Report)

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.

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