Vanguard Communication Services ETF (NYSEARCA:VOX) Hits New 1-Year High – Here’s What Happened

Vanguard Communication Services ETF (NYSEARCA:VOX) hit a new 52-week high during trading on Monday . The stock traded as high as $156.24 and last traded at $156.17, with a volume of 22969 shares trading hands. The stock had previously closed at $155.53.

Vanguard Communication Services ETF Price Performance

The firm has a fifty day moving average price of $149.01 and a 200 day moving average price of $141.07. The firm has a market capitalization of $4.80 billion, a PE ratio of 21.15 and a beta of 1.20.

Institutional Investors Weigh In On Vanguard Communication Services ETF

Several hedge funds have recently bought and sold shares of VOX. Ashton Thomas Securities LLC purchased a new stake in shares of Vanguard Communication Services ETF during the 3rd quarter worth about $26,000. Rothschild Investment LLC purchased a new stake in shares of Vanguard Communication Services ETF during the 2nd quarter worth about $40,000. Glassman Wealth Services raised its stake in shares of Vanguard Communication Services ETF by 57.1% during the 2nd quarter. Glassman Wealth Services now owns 300 shares of the company’s stock worth $41,000 after purchasing an additional 109 shares in the last quarter. Rosenberg Matthew Hamilton purchased a new stake in shares of Vanguard Communication Services ETF during the 2nd quarter worth about $44,000. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of Vanguard Communication Services ETF during the 3rd quarter worth about $54,000.

Vanguard Communication Services ETF Company 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.