Assetmark Inc. Has $23.36 Million Stock Position in Vanguard Communication Services ETF $VOX

Assetmark Inc. lessened its stake in Vanguard Communication Services ETF (NYSEARCA:VOX) by 17.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 124,422 shares of the company’s stock after selling 25,866 shares during the quarter. Assetmark Inc.’s holdings in Vanguard Communication Services ETF were worth $23,358,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VOX. Savvy Advisors Inc. lifted its position in shares of Vanguard Communication Services ETF by 7.7% during the third quarter. Savvy Advisors Inc. now owns 1,561 shares of the company’s stock worth $293,000 after purchasing an additional 111 shares in the last quarter. Caprock Group LLC acquired a new stake in shares of Vanguard Communication Services ETF in the third quarter valued at approximately $971,000. Krilogy Financial LLC bought a new position in Vanguard Communication Services ETF in the 3rd quarter worth approximately $377,000. Wealthfront Advisers LLC lifted its holdings in Vanguard Communication Services ETF by 11.2% during the 3rd quarter. Wealthfront Advisers LLC now owns 2,943 shares of the company’s stock worth $552,000 after buying an additional 297 shares in the last quarter. Finally, Prospera Financial Services Inc lifted its holdings in Vanguard Communication Services ETF by 10.8% during the 3rd quarter. Prospera Financial Services Inc now owns 6,283 shares of the company’s stock worth $1,179,000 after buying an additional 612 shares in the last quarter.

Vanguard Communication Services ETF Stock Performance

NYSEARCA VOX opened at $187.07 on Friday. The stock has a fifty day moving average of $193.37 and a 200-day moving average of $187.28. The stock has a market capitalization of $6.06 billion, a P/E ratio of 18.46 and a beta of 1.07. Vanguard Communication Services ETF has a 52 week low of $129.33 and a 52 week high of $200.77.

Vanguard Communication Services ETF 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. 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.