Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Strong Trading Volume – Here’s What Happened

Vanguard Communication Services ETF (NYSEARCA:VOX) saw unusually-high trading volume on Thursday . Approximately 319,232 shares traded hands during mid-day trading, an increase of 75% from the previous session’s volume of 182,355 shares.The stock last traded at $166.08 and had previously closed at $165.14.

Vanguard Communication Services ETF Price Performance

The business’s 50-day moving average price is $158.41 and its 200-day moving average price is $147.87. The firm has a market capitalization of $5.07 billion, a PE ratio of 21.15 and a beta of 1.20.

Institutional Trading of Vanguard Communication Services ETF

Several hedge funds have recently made changes to their positions in VOX. Ashton Thomas Securities LLC purchased a new stake in shares of Vanguard Communication Services ETF during the 3rd quarter worth $26,000. Banque Cantonale Vaudoise purchased a new stake in Vanguard Communication Services ETF during the third quarter worth about $54,000. Larson Financial Group LLC acquired a new position in Vanguard Communication Services ETF during the third quarter worth about $64,000. Private Trust Co. NA increased its holdings in Vanguard Communication Services ETF by 40.5% in the third quarter. Private Trust Co. NA now owns 773 shares of the company’s stock valued at $112,000 after buying an additional 223 shares in the last quarter. Finally, Advantage Trust Co lifted its position in shares of Vanguard Communication Services ETF by 19.7% during the 3rd quarter. Advantage Trust Co now owns 862 shares of the company’s stock valued at $125,000 after acquiring an additional 142 shares during the period.

Vanguard Communication Services ETF Company 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.