Orion Portfolio Solutions LLC Has $888,000 Stock Holdings in Vanguard Communication Services ETF (NYSEARCA:VOX)

Orion Portfolio Solutions LLC reduced its stake in Vanguard Communication Services ETF (NYSEARCA:VOX) by 23.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,728 shares of the company’s stock after selling 1,797 shares during the period. Orion Portfolio Solutions LLC’s holdings in Vanguard Communication Services ETF were worth $888,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VOX. FMR LLC lifted its position in shares of Vanguard Communication Services ETF by 13.6% in the 3rd quarter. FMR LLC now owns 5,079 shares of the company’s stock worth $738,000 after purchasing an additional 607 shares during the period. Hilltop Holdings Inc. bought a new stake in Vanguard Communication Services ETF during the third quarter valued at $287,000. HighTower Advisors LLC grew its holdings in Vanguard Communication Services ETF by 0.6% during the 3rd quarter. HighTower Advisors LLC now owns 69,054 shares of the company’s stock worth $10,038,000 after acquiring an additional 408 shares during the period. IHT Wealth Management LLC raised its position in shares of Vanguard Communication Services ETF by 17.3% in the 3rd quarter. IHT Wealth Management LLC now owns 2,188 shares of the company’s stock worth $318,000 after acquiring an additional 323 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its stake in shares of Vanguard Communication Services ETF by 35.6% in the 3rd quarter. Quantinno Capital Management LP now owns 11,994 shares of the company’s stock valued at $1,744,000 after purchasing an additional 3,150 shares during the period.

Vanguard Communication Services ETF Price Performance

NYSEARCA VOX opened at $134.43 on Friday. The stock has a market capitalization of $4.56 billion, a P/E ratio of 18.65 and a beta of 1.09. The business has a 50 day simple moving average of $158.26 and a 200 day simple moving average of $154.72. 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 business also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.3832 per share. This is an increase from Vanguard Communication Services ETF’s previous dividend of $0.32. The ex-dividend date of this dividend was Tuesday, March 25th.

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.