Marks Wealth LLC Makes New $41.09 Million Investment in Vanguard Communication Services ETF $VOX

Marks Wealth LLC purchased a new position in Vanguard Communication Services ETF (NYSEARCA:VOX) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 212,223 shares of the company’s stock, valued at approximately $41,093,000. Vanguard Communication Services ETF makes up approximately 13.8% of Marks Wealth LLC’s investment portfolio, making the stock its 2nd biggest holding.

Several other hedge funds have also bought and sold shares of VOX. The Manufacturers Life Insurance Company lifted its stake in Vanguard Communication Services ETF by 204.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock worth $55,981,000 after purchasing an additional 219,842 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Vanguard Communication Services ETF by 3,434.7% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 143,613 shares of the company’s stock worth $26,963,000 after purchasing an additional 139,550 shares in the last quarter. Bank of America Corp DE lifted its stake in Vanguard Communication Services ETF by 6.2% in the 2nd quarter. Bank of America Corp DE now owns 1,787,362 shares of the company’s stock worth $305,692,000 after purchasing an additional 103,889 shares in the last quarter. Corient Private Wealth LLC lifted its stake in Vanguard Communication Services ETF by 97.9% in the 2nd quarter. Corient Private Wealth LLC now owns 151,208 shares of the company’s stock worth $25,861,000 after purchasing an additional 74,800 shares in the last quarter. Finally, Assetmark Inc. lifted 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 worth $37,049,000 after purchasing an additional 66,915 shares in the last quarter.

Vanguard Communication Services ETF Price Performance

Shares of VOX stock opened at $196.73 on Monday. The stock has a market cap of $5.98 billion, a P/E ratio of 18.46 and a beta of 1.06. Vanguard Communication Services ETF has a 52 week low of $148.61 and a 52 week high of $200.77. The company’s fifty day simple moving average is $188.82 and its two-hundred day simple moving average is $189.67.

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. 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.