Vanguard Communication Services ETF $VOX Shares Sold by Beacon Capital Management Inc.

Beacon Capital Management Inc. lessened its position in Vanguard Communication Services ETF (NYSEARCA:VOX) by 10.2% in the third quarter, HoldingsChannel.com reports. The fund owned 682,015 shares of the company’s stock after selling 77,827 shares during the period. Vanguard Communication Services ETF comprises about 6.1% of Beacon Capital Management Inc.’s portfolio, making the stock its biggest holding. Beacon Capital Management Inc.’s holdings in Vanguard Communication Services ETF were worth $128,035,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of VOX. Triangle Securities Wealth Management lifted its stake in Vanguard Communication Services ETF by 4.6% in the 3rd quarter. Triangle Securities Wealth Management now owns 7,120 shares of the company’s stock valued at $1,337,000 after purchasing an additional 316 shares during the last quarter. Praetorian Wealth Management Inc. raised its stake in Vanguard Communication Services ETF by 1.9% in the third quarter. Praetorian Wealth Management Inc. now owns 43,574 shares of the company’s stock valued at $8,180,000 after buying an additional 792 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Vanguard Communication Services ETF by 2.1% in the third quarter. Farther Finance Advisors LLC now owns 4,684 shares of the company’s stock valued at $879,000 after buying an additional 96 shares during the last quarter. Exchange Traded Concepts LLC lifted its position in shares of Vanguard Communication Services ETF by 0.9% in the third quarter. Exchange Traded Concepts LLC now owns 31,115 shares of the company’s stock valued at $5,841,000 after buying an additional 285 shares during the last quarter. Finally, Corsicana & Co. bought a new position in shares of Vanguard Communication Services ETF during the 3rd quarter worth approximately $1,758,000.

Vanguard Communication Services ETF Trading Down 0.3%

VOX stock opened at $193.95 on Friday. Vanguard Communication Services ETF has a 1-year low of $129.33 and a 1-year high of $195.25. The business’s 50 day simple moving average is $188.19 and its 200 day simple moving average is $181.06. The firm has a market capitalization of $6.00 billion, a PE 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.