Envestnet Portfolio Solutions Inc. Reduces Stake in Vanguard Communication Services ETF (NYSEARCA:VOX)

Envestnet Portfolio Solutions Inc. lowered its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 1.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 59,306 shares of the company’s stock after selling 724 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.19% of Vanguard Communication Services ETF worth $9,190,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc. lifted its stake in shares of Vanguard Communication Services ETF by 13.8% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 2,333 shares of the company’s stock valued at $362,000 after purchasing an additional 283 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Vanguard Communication Services ETF by 19.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,309 shares of the company’s stock valued at $336,000 after purchasing an additional 380 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of Vanguard Communication Services ETF in the 4th quarter valued at approximately $43,000. GSA Capital Partners LLP purchased a new position in shares of Vanguard Communication Services ETF in the 3rd quarter valued at approximately $345,000. Finally, Kestra Private Wealth Services LLC raised its stake in Vanguard Communication Services ETF by 15.2% during the fourth quarter. Kestra Private Wealth Services LLC now owns 2,804 shares of the company’s stock valued at $435,000 after buying an additional 369 shares during the last quarter.

Vanguard Communication Services ETF Trading Up 0.5 %

Shares of NYSEARCA:VOX opened at $151.40 on Tuesday. The stock has a fifty day simple moving average of $160.59 and a two-hundred day simple moving average of $153.64. The stock has a market capitalization of $5.13 billion, a price-to-earnings ratio of 20.88 and a beta of 1.09. Vanguard Communication Services ETF has a 12-month low of $122.73 and a 12-month high of $169.62.

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.