Foundations Investment Advisors LLC Sells 13,000 Shares of Vanguard Communication Services ETF $VOX

Foundations Investment Advisors LLC trimmed its holdings in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 82.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,689 shares of the company’s stock after selling 13,000 shares during the period. Foundations Investment Advisors LLC’s holdings in Vanguard Communication Services ETF were worth $521,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Armstrong Advisory Group Inc. raised its stake in Vanguard Communication Services ETF by 2.9% in the 4th quarter. Armstrong Advisory Group Inc. now owns 189,669 shares of the company’s stock valued at $36,726,000 after acquiring an additional 5,257 shares during the period. Caprock Group LLC bought a new stake in Vanguard Communication Services ETF in the 3rd quarter valued at about $971,000. Assetmark Inc. raised its stake in Vanguard Communication Services ETF by 53.8% in the 4th quarter. Assetmark Inc. now owns 191,337 shares of the company’s stock valued at $37,049,000 after acquiring an additional 66,915 shares during the period. First Financial Corp IN raised its stake in Vanguard Communication Services ETF by 14.1% in the 4th quarter. First Financial Corp IN now owns 23,095 shares of the company’s stock valued at $4,472,000 after acquiring an additional 2,851 shares during the period. Finally, Exchange Traded Concepts LLC raised its stake in Vanguard Communication Services ETF by 21.5% in the 4th quarter. Exchange Traded Concepts LLC now owns 37,798 shares of the company’s stock valued at $7,319,000 after acquiring an additional 6,683 shares during the period.

Vanguard Communication Services ETF Stock Performance

Shares of Vanguard Communication Services ETF stock opened at $194.83 on Tuesday. Vanguard Communication Services ETF has a 52-week low of $157.77 and a 52-week high of $200.77. The stock’s 50-day simple moving average is $191.57 and its 200 day simple moving average is $191.14. The stock has a market capitalization of $5.92 billion, a P/E ratio of 18.46 and a beta of 1.06.

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.