Vanguard Communication Services ETF (NYSEARCA:VOX) Hits New 12-Month High – Should You Buy?

Vanguard Communication Services ETF (NYSEARCA:VOX)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $168.22 and last traded at $165.44, with a volume of 189652 shares traded. The stock had previously closed at $165.97.

Vanguard Communication Services ETF Price Performance

The business has a fifty day moving average price of $158.92 and a 200 day moving average price of $148.39. The company has a market capitalization of $5.14 billion, a price-to-earnings ratio of 21.15 and a beta of 1.20.

Institutional Investors Weigh In On Vanguard Communication Services ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. boosted its position in shares of Vanguard Communication Services ETF by 13.8% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 2,333 shares of the company’s stock valued at $362,000 after purchasing an additional 283 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Vanguard Communication Services ETF by 19.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,309 shares of the company’s stock worth $336,000 after buying an additional 380 shares in the last quarter. GSA Capital Partners LLP bought a new position in shares of Vanguard Communication Services ETF in the third quarter valued at $345,000. US Bancorp DE increased its holdings in shares of Vanguard Communication Services ETF by 11.2% in the third quarter. US Bancorp DE now owns 1,583 shares of the company’s stock valued at $230,000 after buying an additional 160 shares in the last quarter. Finally, Cerity Partners LLC lifted its position in shares of Vanguard Communication Services ETF by 9.3% during the 3rd quarter. Cerity Partners LLC now owns 9,948 shares of the company’s stock valued at $1,446,000 after acquiring an additional 849 shares during the last quarter.

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.