HighTower Advisors LLC Grows Holdings in Vanguard Communication Services ETF (NYSEARCA:VOX)

HighTower Advisors LLC raised its position in Vanguard Communication Services ETF (NYSEARCA:VOX) by 5.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 73,026 shares of the company’s stock after purchasing an additional 3,972 shares during the period. HighTower Advisors LLC’s holdings in Vanguard Communication Services ETF were worth $11,316,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GSA Capital Partners LLP acquired a new stake in shares of Vanguard Communication Services ETF in the third quarter valued at about $345,000. Thrivent Financial for Lutherans grew its position in shares of Vanguard Communication Services ETF by 6.5% in the third quarter. Thrivent Financial for Lutherans now owns 6,163 shares of the company’s stock valued at $896,000 after purchasing an additional 377 shares during the period. Banque Cantonale Vaudoise acquired a new stake in shares of Vanguard Communication Services ETF in the third quarter valued at about $54,000. Nwam LLC acquired a new stake in shares of Vanguard Communication Services ETF in the third quarter valued at about $1,039,000. Finally, Meridian Wealth Management LLC acquired a new stake in shares of Vanguard Communication Services ETF in the third quarter valued at about $229,000.

Vanguard Communication Services ETF Stock Up 1.9 %

Shares of NYSEARCA VOX opened at $150.58 on Monday. The company’s 50-day simple moving average is $160.77 and its 200-day simple moving average is $153.55. Vanguard Communication Services ETF has a 52-week low of $122.73 and a 52-week high of $169.62. The firm 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 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.