Absolute Capital Management LLC Has $5.01 Million Stock Position in Vanguard Communication Services ETF (NYSEARCA:VOX)

Absolute Capital Management LLC increased its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 16.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,325 shares of the company’s stock after acquiring an additional 4,448 shares during the period. Vanguard Communication Services ETF comprises approximately 2.8% of Absolute Capital Management LLC’s portfolio, making the stock its 10th biggest holding. Absolute Capital Management LLC owned about 0.11% of Vanguard Communication Services ETF worth $5,010,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. VSM Wealth Advisory LLC purchased a new position in Vanguard Communication Services ETF in the fourth quarter valued at approximately $27,000. SBI Securities Co. Ltd. purchased a new position in Vanguard Communication Services ETF in the fourth quarter valued at approximately $43,000. Whipplewood Advisors LLC purchased a new position in Vanguard Communication Services ETF in the fourth quarter valued at approximately $51,000. Banque Cantonale Vaudoise purchased a new position in Vanguard Communication Services ETF in the third quarter valued at approximately $54,000. Finally, Larson Financial Group LLC purchased a new position in Vanguard Communication Services ETF in the third quarter valued at approximately $64,000.

Vanguard Communication Services ETF Trading Down 0.2 %

Vanguard Communication Services ETF stock opened at $150.48 on Friday. Vanguard Communication Services ETF has a 12 month low of $122.73 and a 12 month high of $169.62. The business’s 50 day simple moving average is $160.14 and its 200 day simple moving average is $153.66. The company has a market cap of $5.10 billion, a price-to-earnings ratio of 20.88 and a beta of 1.09.

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.