Vanguard Communication Services ETF (NYSEARCA:VOX) Sees Unusually-High Trading Volume – Here’s Why

Vanguard Communication Services ETF (NYSEARCA:VOX) shares saw unusually-strong trading volume on Thursday . Approximately 319,232 shares were traded during 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 Price Performance

The firm has a market cap of $5.06 billion, a price-to-earnings ratio of 21.15 and a beta of 1.20. The business has a fifty day simple moving average of $158.15 and a 200 day simple moving average of $147.74.

Institutional Trading of Vanguard Communication Services ETF

Hedge funds have recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc. grew its stake in shares of Vanguard Communication Services ETF by 13.8% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 2,333 shares of the company’s stock valued at $362,000 after buying an additional 283 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Vanguard Communication Services ETF by 19.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,309 shares of the company’s stock worth $336,000 after acquiring an additional 380 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of Vanguard Communication Services ETF in the 3rd quarter valued at approximately $345,000. US Bancorp DE lifted its position in shares of Vanguard Communication Services ETF by 11.2% during the 3rd quarter. US Bancorp DE now owns 1,583 shares of the company’s stock worth $230,000 after purchasing an additional 160 shares during the last quarter. Finally, Cerity Partners LLC raised its stake in Vanguard Communication Services ETF by 9.3% in the third quarter. Cerity Partners LLC now owns 9,948 shares of the company’s stock valued at $1,446,000 after buying an additional 849 shares in the last quarter.

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.