Vanguard Communication Services ETF $VOX Shares Acquired by Merit Financial Group LLC

Merit Financial Group LLC lifted its holdings in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 23.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 42,575 shares of the company’s stock after purchasing an additional 7,955 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Communication Services ETF were worth $7,832,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. AQR Capital Management LLC grew its holdings in shares of Vanguard Communication Services ETF by 15.2% during the first quarter. AQR Capital Management LLC now owns 5,115 shares of the company’s stock valued at $759,000 after purchasing an additional 676 shares during the last quarter. Jane Street Group LLC acquired a new position in Vanguard Communication Services ETF during the 1st quarter valued at approximately $976,000. Bank of Nova Scotia grew its stake in Vanguard Communication Services ETF by 8.6% during the 2nd quarter. Bank of Nova Scotia now owns 14,320 shares of the company’s stock worth $2,449,000 after buying an additional 1,130 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in Vanguard Communication Services ETF by 204.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock worth $55,981,000 after buying an additional 219,842 shares during the last quarter. Finally, Ieq Capital LLC increased its position in Vanguard Communication Services ETF by 988.8% in the second quarter. Ieq Capital LLC now owns 21,318 shares of the company’s stock worth $3,646,000 after buying an additional 19,360 shares during the period.

Vanguard Communication Services ETF Stock Performance

Shares of VOX opened at $185.16 on Thursday. The firm has a fifty day moving average of $186.64 and a 200-day moving average of $189.69. The company has a market cap of $5.69 billion, a price-to-earnings ratio of 18.46 and a beta of 1.05. Vanguard Communication Services ETF has a 1 year low of $172.37 and a 1 year high of $200.77.

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.