Sandy Spring Bank Cuts Stock Holdings in Vanguard Communication Services ETF (NYSEARCA:VOX)

Sandy Spring Bank decreased its holdings in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 3.9% in the 4th quarter, Holdings Channel reports. The firm owned 2,810 shares of the company’s stock after selling 113 shares during the period. Sandy Spring Bank’s holdings in Vanguard Communication Services ETF were worth $435,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hennion & Walsh Asset Management Inc. grew its holdings in shares of Vanguard Communication Services ETF by 13.8% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 2,333 shares of the company’s stock worth $362,000 after purchasing an additional 283 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position 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 valued at $336,000 after acquiring an additional 380 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in Vanguard Communication Services ETF during the fourth quarter valued at approximately $43,000. GSA Capital Partners LLP bought a new position in Vanguard Communication Services ETF during the third quarter valued at approximately $345,000. Finally, Kestra Private Wealth Services LLC grew its position in Vanguard Communication Services ETF by 15.2% during the fourth quarter. Kestra Private Wealth Services LLC now owns 2,804 shares of the company’s stock valued at $435,000 after acquiring an additional 369 shares during the last quarter.

Vanguard Communication Services ETF Price Performance

Shares of NYSEARCA VOX opened at $151.76 on Friday. Vanguard Communication Services ETF has a one year low of $122.73 and a one year high of $169.62. The firm’s 50 day simple moving average is $160.08 and its two-hundred day simple moving average is $153.75. The stock has a market capitalization of $5.14 billion, a P/E ratio of 20.88 and a beta of 1.09.

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.