Envestnet Asset Management Inc. Sells 28,341 Shares of Vanguard Communication Services ETF (NYSEARCA:VOX)

Envestnet Asset Management Inc. decreased its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 3.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 761,401 shares of the company’s stock after selling 28,341 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Vanguard Communication Services ETF were worth $117,987,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VOX. Wells Fargo & Company MN raised its stake in shares of Vanguard Communication Services ETF by 2.8% during the fourth quarter. Wells Fargo & Company MN now owns 799,797 shares of the company’s stock valued at $123,936,000 after acquiring an additional 21,540 shares in the last quarter. LPL Financial LLC raised its position in Vanguard Communication Services ETF by 19.4% during the 4th quarter. LPL Financial LLC now owns 250,170 shares of the company’s stock valued at $38,766,000 after purchasing an additional 40,724 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Communication Services ETF in the 4th quarter worth $37,042,000. Stifel Financial Corp grew its position in shares of Vanguard Communication Services ETF by 0.4% during the 3rd quarter. Stifel Financial Corp now owns 188,724 shares of the company’s stock worth $27,441,000 after buying an additional 663 shares in the last quarter. Finally, Armstrong Advisory Group Inc. grew its position in shares of Vanguard Communication Services ETF by 1.9% during the 4th quarter. Armstrong Advisory Group Inc. now owns 188,675 shares of the company’s stock worth $29,237,000 after buying an additional 3,605 shares in the last quarter.

Vanguard Communication Services ETF Stock Performance

NYSEARCA:VOX opened at $135.04 on Tuesday. The firm has a 50-day simple moving average of $157.70 and a 200-day simple moving average of $154.76. The firm has a market cap of $4.58 billion, a P/E ratio of 18.65 and a beta of 1.09. Vanguard Communication Services ETF has a one year low of $122.73 and a one year high of $169.62.

Vanguard Communication Services ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a $0.3832 dividend. This is a positive change from Vanguard Communication Services ETF’s previous dividend of $0.32. The ex-dividend date of this dividend was Tuesday, March 25th.

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.