Independent Advisor Alliance Takes Position in Vanguard Communication Services ETF (NYSEARCA:VOX)

Independent Advisor Alliance acquired a new stake in Vanguard Communication Services ETF (NYSEARCA:VOX) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 7,492 shares of the company’s stock, valued at approximately $1,161,000.

Other large investors have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of Vanguard Communication Services ETF during the 4th quarter valued at about $37,042,000. PNC Financial Services Group Inc. lifted its stake in Vanguard Communication Services ETF by 104.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 84,819 shares of the company’s stock valued at $13,143,000 after purchasing an additional 43,282 shares during the last quarter. Assetmark Inc. boosted its holdings in Vanguard Communication Services ETF by 422.1% during the fourth quarter. Assetmark Inc. now owns 43,521 shares of the company’s stock worth $6,744,000 after buying an additional 35,186 shares in the last quarter. Founders Grove Wealth Partners LLC acquired a new position in Vanguard Communication Services ETF in the fourth quarter worth approximately $4,365,000. Finally, Proficio Capital Partners LLC bought a new position in shares of Vanguard Communication Services ETF in the fourth quarter valued at $2,593,000.

Vanguard Communication Services ETF Stock Performance

Shares of NYSEARCA:VOX opened at $150.58 on Friday. The company has a market capitalization of $5.10 billion, a PE ratio of 20.88 and a beta of 1.09. The stock has a fifty day moving average of $160.77 and a 200-day moving average of $153.34. Vanguard Communication Services ETF has a one year low of $122.73 and a one year high of $169.62.

Vanguard Communication Services ETF 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.