New Wave Wealth Advisors LLC Makes New $450,000 Investment in Vanguard Communication Services ETF (NYSEARCA:VOX)

New Wave Wealth Advisors LLC purchased a new stake in Vanguard Communication Services ETF (NYSEARCA:VOX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 3,256 shares of the company’s stock, valued at approximately $450,000.

A number of other institutional investors also recently modified their holdings of VOX. Angeles Wealth Management LLC purchased a new position in shares of Vanguard Communication Services ETF during the 4th quarter valued at $32,000. Sound Income Strategies LLC purchased a new position in Vanguard Communication Services ETF during the first quarter worth about $37,000. Rothschild Investment LLC bought a new position in Vanguard Communication Services ETF in the 2nd quarter worth about $40,000. Glassman Wealth Services increased its stake in Vanguard Communication Services ETF by 57.1% in the 2nd quarter. Glassman Wealth Services now owns 300 shares of the company’s stock worth $41,000 after acquiring an additional 109 shares during the last quarter. Finally, Rosenberg Matthew Hamilton bought a new stake in shares of Vanguard Communication Services ETF during the 2nd quarter valued at about $44,000.

Vanguard Communication Services ETF Trading Up 0.3 %

VOX stock opened at $145.39 on Tuesday. The company’s 50 day moving average is $137.74 and its 200 day moving average is $135.15. The stock has a market cap of $4.43 billion, a price-to-earnings ratio of 21.15 and a beta of 1.20. Vanguard Communication Services ETF has a 1-year low of $100.32 and a 1-year high of $145.59.

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.