Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Unusually-High Trading Volume – What’s Next?

Vanguard Communication Services ETF (NYSEARCA:VOX) saw unusually-strong trading volume on Thursday . Approximately 319,232 shares changed hands during mid-day trading, an increase of 75% from the previous session’s volume of 182,355 shares.The stock last traded at $166.08 and had previously closed at $165.14.

Vanguard Communication Services ETF Trading Up 0.5 %

The firm’s 50 day simple moving average is $158.15 and its 200-day simple moving average is $147.74. The company has a market capitalization of $5.06 billion, a price-to-earnings ratio of 21.15 and a beta of 1.20.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VOX. International Assets Investment Management LLC boosted its position in Vanguard Communication Services ETF by 46,542.4% during the third quarter. International Assets Investment Management LLC now owns 451,498 shares of the company’s stock worth $65,643,000 after purchasing an additional 450,530 shares in the last quarter. Truist Financial Corp raised its stake 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 valued at $28,530,000 after purchasing an additional 125,273 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Vanguard Communication Services ETF by 3,297.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 122,329 shares of the company’s stock valued at $16,906,000 after purchasing an additional 118,728 shares in the last quarter. Founders Grove Wealth Partners LLC purchased a new position in shares of Vanguard Communication Services ETF during the 4th quarter worth $4,365,000. Finally, Royal Fund Management LLC lifted its holdings in shares of Vanguard Communication Services ETF by 89.3% during the 3rd quarter. Royal Fund Management LLC now owns 38,140 shares of the company’s stock worth $5,578,000 after acquiring an additional 17,987 shares during the period.

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.