Avantax Advisory Services Inc. Sells 1,382 Shares of Vanguard Communication Services ETF (NYSEARCA:VOX)

Avantax Advisory Services Inc. trimmed its position in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 5.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 22,948 shares of the company’s stock after selling 1,382 shares during the period. Avantax Advisory Services Inc.’s holdings in Vanguard Communication Services ETF were worth $3,556,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VOX. Raymond James Financial Inc. acquired a new position in Vanguard Communication Services ETF during the fourth quarter worth $37,042,000. PNC Financial Services Group Inc. increased its holdings in Vanguard Communication Services ETF by 104.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 84,819 shares of the company’s stock worth $13,143,000 after buying an additional 43,282 shares during the last quarter. Assetmark Inc. increased its holdings in Vanguard Communication Services ETF by 422.1% during the fourth quarter. Assetmark Inc. now owns 43,521 shares of the company’s stock worth $6,744,000 after buying an additional 35,186 shares during the last quarter. Founders Grove Wealth Partners LLC acquired a new position in Vanguard Communication Services ETF during the fourth quarter worth $4,365,000. Finally, Retirement Capital Strategies acquired a new position in Vanguard Communication Services ETF during the fourth quarter worth $4,090,000.

Vanguard Communication Services ETF Trading Up 1.9 %

Shares of VOX opened at $150.58 on Friday. The company has a market cap of $5.10 billion, a price-to-earnings ratio of 20.88 and a beta of 1.09. Vanguard Communication Services ETF has a 1-year low of $122.73 and a 1-year high of $169.62. The company’s fifty day simple moving average is $160.77 and its 200 day simple moving average is $153.44.

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.