Vanguard Communication Services ETF (NYSEARCA:VOX) Reaches New 1-Year High – Should You Buy?

Vanguard Communication Services ETF (NYSEARCA:VOX) shares hit a new 52-week high on Tuesday . The company traded as high as $164.25 and last traded at $164.17, with a volume of 37787 shares trading hands. The stock had previously closed at $163.10.

Vanguard Communication Services ETF Trading Up 0.7 %

The stock has a 50 day moving average price of $157.48 and a 200-day moving average price of $147.28. The stock has a market capitalization of $5.01 billion, a PE ratio of 21.15 and a beta of 1.20.

Hedge Funds Weigh In On Vanguard Communication Services ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Kestra Private Wealth Services LLC grew its holdings in Vanguard Communication Services ETF by 15.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 2,804 shares of the company’s stock valued at $435,000 after buying an additional 369 shares in the last quarter. Silver Oak Securities Incorporated grew its stake in Vanguard Communication Services ETF by 6.7% during the fourth quarter. Silver Oak Securities Incorporated now owns 2,354 shares of the company’s stock valued at $367,000 after acquiring an additional 147 shares in the last quarter. Insight Advisors LLC PA bought a new stake in Vanguard Communication Services ETF in the 4th quarter valued at $210,000. RBA Wealth Management LLC boosted its holdings in shares of Vanguard Communication Services ETF by 10.5% during the 4th quarter. RBA Wealth Management LLC now owns 5,788 shares of the company’s stock valued at $897,000 after purchasing an additional 550 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC purchased a new stake in shares of Vanguard Communication Services ETF in the fourth quarter worth about $2,175,000.

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.