Vanguard Communication Services ETF (NYSEARCA:VOX) Sets New 52-Week High – Time to Buy?

Vanguard Communication Services ETF (NYSEARCA:VOX)’s stock price reached a new 52-week high on Monday . The stock traded as high as $147.78 and last traded at $147.78, with a volume of 5895 shares trading hands. The stock had previously closed at $146.29.

Vanguard Communication Services ETF Trading Up 1.0 %

The stock has a market capitalization of $4.54 billion, a PE ratio of 21.15 and a beta of 1.20. The firm’s fifty day moving average price is $142.37 and its two-hundred day moving average price is $137.33.

Hedge Funds Weigh In On Vanguard Communication Services ETF

Several institutional investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in Vanguard Communication Services ETF by 21.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 977,538 shares of the company’s stock worth $135,096,000 after acquiring an additional 173,884 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Vanguard Communication Services ETF by 46,542.4% in the 3rd quarter. International Assets Investment Management LLC now owns 451,498 shares of the company’s stock worth $65,643,000 after acquiring an additional 450,530 shares in the last quarter. KCM Investment Advisors LLC increased its holdings in Vanguard Communication Services ETF by 2.7% in the 2nd quarter. KCM Investment Advisors LLC now owns 259,106 shares of the company’s stock worth $35,808,000 after acquiring an additional 6,895 shares in the last quarter. Cetera Investment Advisers increased its holdings in Vanguard Communication Services ETF by 6.9% in the 2nd quarter. Cetera Investment Advisers now owns 237,816 shares of the company’s stock worth $32,866,000 after acquiring an additional 15,373 shares in the last quarter. Finally, Truist Financial Corp increased its holdings in Vanguard Communication Services ETF by 154.3% in the 2nd quarter. Truist Financial Corp now owns 206,443 shares of the company’s stock worth $28,530,000 after acquiring an additional 125,273 shares in the last quarter.

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.