Armstrong Advisory Group Inc. Trims Stock Holdings in Vanguard Communication Services ETF (NYSEARCA:VOX)

Armstrong Advisory Group Inc. decreased its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 16.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 185,070 shares of the company’s stock after selling 36,416 shares during the period. Vanguard Communication Services ETF comprises approximately 2.2% of Armstrong Advisory Group Inc.’s holdings, making the stock its 12th largest holding. Armstrong Advisory Group Inc. owned approximately 0.61% of Vanguard Communication Services ETF worth $26,907,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Beacon Capital Management Inc. increased its stake in shares of Vanguard Communication Services ETF by 189.6% during the first quarter. Beacon Capital Management Inc. now owns 1,300,339 shares of the company’s stock valued at $171,450,000 after buying an additional 851,313 shares during the period. Cetera Investment Advisers raised its holdings in shares of Vanguard Communication Services ETF by 1,646.4% in the 1st quarter. Cetera Investment Advisers now owns 222,443 shares of the company’s stock valued at $29,189,000 after purchasing an additional 209,706 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Communication Services ETF by 21.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 977,538 shares of the company’s stock worth $135,096,000 after purchasing an additional 173,884 shares during the period. Blackston Financial Advisory Group LLC boosted its stake in shares of Vanguard Communication Services ETF by 1,848.3% during the second quarter. Blackston Financial Advisory Group LLC now owns 145,595 shares of the company’s stock valued at $20,121,000 after purchasing an additional 138,122 shares in the last quarter. Finally, Truist Financial Corp increased its holdings in Vanguard Communication Services ETF by 154.3% during the second quarter. Truist Financial Corp now owns 206,443 shares of the company’s stock valued at $28,530,000 after buying an additional 125,273 shares during the period.

Vanguard Communication Services ETF Stock Up 0.8 %

Shares of NYSEARCA:VOX opened at $145.87 on Monday. The company has a market capitalization of $4.45 billion, a price-to-earnings ratio of 21.15 and a beta of 1.20. Vanguard Communication Services ETF has a 52 week low of $100.32 and a 52 week high of $146.70. The firm has a 50 day moving average of $139.64 and a 200 day moving average of $136.10.

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.