Osaic Holdings Inc. Purchases 11,101 Shares of Vanguard Communication Services ETF $VOX

Osaic Holdings Inc. increased its position in Vanguard Communication Services ETF (NYSEARCA:VOX) by 22.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 60,385 shares of the company’s stock after purchasing an additional 11,101 shares during the period. Osaic Holdings Inc.’s holdings in Vanguard Communication Services ETF were worth $10,287,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Summit Financial LLC grew its position in shares of Vanguard Communication Services ETF by 88.9% in the 1st quarter. Summit Financial LLC now owns 4,950 shares of the company’s stock worth $735,000 after buying an additional 2,329 shares during the period. Ameriprise Financial Inc. lifted its position in Vanguard Communication Services ETF by 0.6% during the 1st quarter. Ameriprise Financial Inc. now owns 303,821 shares of the company’s stock valued at $45,094,000 after acquiring an additional 1,765 shares during the period. Trinity Legacy Partners LLC boosted its stake in Vanguard Communication Services ETF by 8.9% during the first quarter. Trinity Legacy Partners LLC now owns 19,405 shares of the company’s stock worth $3,041,000 after acquiring an additional 1,589 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Communication Services ETF by 166.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 64,492 shares of the company’s stock worth $9,570,000 after acquiring an additional 40,324 shares in the last quarter. Finally, Ieq Capital LLC purchased a new stake in Vanguard Communication Services ETF in the first quarter worth about $291,000.

Vanguard Communication Services ETF Stock Performance

VOX stock opened at $191.60 on Friday. The firm has a 50 day moving average price of $187.25 and a 200-day moving average price of $180.10. Vanguard Communication Services ETF has a 52-week low of $129.33 and a 52-week high of $195.25. The firm has a market capitalization of $5.92 billion, a price-to-earnings ratio of 18.46 and a beta of 1.07.

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. The sector is made up of companies that provide communications services primarily through fixed-line, cellular, wireless, high-bandwidth, and/or fiber-optic cable networks.