Institute for Wealth Management LLC. Lowers Stake in Vanguard Communication Services ETF (NYSEARCA:VOX)

Institute for Wealth Management LLC. reduced its position in Vanguard Communication Services ETF (NYSEARCA:VOX) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,067 shares of the company’s stock after selling 106 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Vanguard Communication Services ETF were worth $1,405,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ashton Thomas Securities LLC purchased a new position in shares of Vanguard Communication Services ETF in the third quarter worth $26,000. Banque Cantonale Vaudoise purchased a new stake in Vanguard Communication Services ETF in the 3rd quarter worth $54,000. Larson Financial Group LLC bought a new position in shares of Vanguard Communication Services ETF during the 3rd quarter valued at about $64,000. Private Trust Co. NA grew its position in shares of Vanguard Communication Services ETF by 40.5% during the third quarter. Private Trust Co. NA now owns 773 shares of the company’s stock valued at $112,000 after purchasing an additional 223 shares in the last quarter. Finally, Advantage Trust Co increased its holdings in shares of Vanguard Communication Services ETF by 19.7% in the third quarter. Advantage Trust Co now owns 862 shares of the company’s stock worth $125,000 after purchasing an additional 142 shares during the last quarter.

Vanguard Communication Services ETF Trading Up 0.5 %

Shares of Vanguard Communication Services ETF stock opened at $165.97 on Friday. The firm has a market cap of $5.06 billion, a PE ratio of 21.15 and a beta of 1.20. The stock has a 50 day moving average of $158.15 and a 200 day moving average of $147.74. Vanguard Communication Services ETF has a 12 month low of $122.29 and a 12 month high of $167.87.

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.