Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Large Volume Increase – What’s Next?

Vanguard Communication Services ETF (NYSEARCA:VOX) saw unusually-high trading volume on Tuesday. 932,950 shares traded hands during trading, an increase of 249% from the previous session’s volume of 267,085 shares. The stock last traded at $188.8420 and had previously closed at $189.01.

Vanguard Communication Services ETF Price Performance

The company has a market cap of $5.97 billion, a PE ratio of 18.46 and a beta of 1.05. The stock’s 50-day moving average is $190.02 and its 200 day moving average is $190.07.

Institutional Trading of Vanguard Communication Services ETF

Several hedge funds and other institutional investors have recently made changes to their positions in VOX. Retirement Planning Group LLC boosted its position in shares of Vanguard Communication Services ETF by 19.2% in the 3rd quarter. Retirement Planning Group LLC now owns 7,088 shares of the company’s stock worth $1,351,000 after purchasing an additional 1,143 shares in the last quarter. New Wave Wealth Advisors LLC grew its stake in Vanguard Communication Services ETF by 4.1% during the 3rd quarter. New Wave Wealth Advisors LLC now owns 4,719 shares of the company’s stock worth $916,000 after buying an additional 185 shares during the last quarter. Founders Grove Wealth Partners LLC grew its stake in Vanguard Communication Services ETF by 3.2% during the 3rd quarter. Founders Grove Wealth Partners LLC now owns 27,563 shares of the company’s stock worth $5,253,000 after buying an additional 867 shares during the last quarter. Center For Asset Management LLC increased its position in Vanguard Communication Services ETF by 6.3% during the 3rd quarter. Center For Asset Management LLC now owns 1,407 shares of the company’s stock valued at $268,000 after buying an additional 84 shares in the last quarter. Finally, Absolute Capital Management LLC increased its position in Vanguard Communication Services ETF by 0.3% during the 3rd quarter. Absolute Capital Management LLC now owns 26,073 shares of the company’s stock valued at $4,969,000 after buying an additional 90 shares in the last quarter.

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. 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.