Meridian Investment Counsel Inc. Sells 100 Shares of Vanguard Communication Services ETF (NYSEARCA:VOX)

Meridian Investment Counsel Inc. cut its stake in Vanguard Communication Services ETF (NYSEARCA:VOX) by 3.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,827 shares of the company’s stock after selling 100 shares during the period. Meridian Investment Counsel Inc.’s holdings in Vanguard Communication Services ETF were worth $438,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kovack Advisors Inc. increased its position in shares of Vanguard Communication Services ETF by 0.8% in the fourth quarter. Kovack Advisors Inc. now owns 7,630 shares of the company’s stock worth $1,182,000 after purchasing an additional 60 shares during the period. Chatham Capital Group Inc. raised its position in shares of Vanguard Communication Services ETF by 1.5% in the 4th quarter. Chatham Capital Group Inc. now owns 4,324 shares of the company’s stock valued at $670,000 after buying an additional 63 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of Vanguard Communication Services ETF by 0.7% during the 4th quarter. Fifth Third Bancorp now owns 11,616 shares of the company’s stock worth $1,800,000 after acquiring an additional 82 shares during the period. Ameritas Advisory Services LLC boosted its position in shares of Vanguard Communication Services ETF by 0.8% during the 4th quarter. Ameritas Advisory Services LLC now owns 11,274 shares of the company’s stock worth $1,747,000 after acquiring an additional 94 shares in the last quarter. Finally, Tortoise Investment Management LLC increased its stake in Vanguard Communication Services ETF by 10.3% in the fourth quarter. Tortoise Investment Management LLC now owns 1,011 shares of the company’s stock valued at $157,000 after acquiring an additional 94 shares during the last quarter.

Vanguard Communication Services ETF Price Performance

Shares of VOX opened at $148.10 on Monday. The firm has a 50 day simple moving average of $159.80 and a two-hundred day simple moving average of $154.64. The company has a market cap of $5.02 billion, a P/E ratio of 18.65 and a beta of 1.09. Vanguard Communication Services ETF has a one year low of $122.73 and a one year high of $169.62.

Vanguard Communication Services ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.3832 dividend. The ex-dividend date was Tuesday, March 25th. This is a positive change from Vanguard Communication Services ETF’s previous dividend of $0.32.

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.