Vanguard Communication Services ETF (NYSEARCA:VOX) Sets New 52-Week High – Still a Buy?

Vanguard Communication Services ETF (NYSEARCA:VOX)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $156.18 and last traded at $156.04, with a volume of 31947 shares traded. The stock had previously closed at $155.19.

Vanguard Communication Services ETF Stock Down 0.5 %

The firm has a 50-day moving average price of $144.94 and a 200 day moving average price of $138.98. The firm has a market capitalization of $4.72 billion, a PE ratio of 21.15 and a beta of 1.20.

Institutional Investors Weigh In On Vanguard Communication Services ETF

Several large investors have recently added to or reduced their stakes in VOX. Pinnacle Associates Ltd. raised its position in Vanguard Communication Services ETF by 0.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 23,673 shares of the company’s stock valued at $3,442,000 after purchasing an additional 75 shares in the last quarter. Callahan Advisors LLC lifted its stake in Vanguard Communication Services ETF by 5.0% in the third quarter. Callahan Advisors LLC now owns 1,575 shares of the company’s stock worth $229,000 after acquiring an additional 75 shares during the last quarter. Modera Wealth Management LLC grew its holdings in Vanguard Communication Services ETF by 2.4% during the 2nd quarter. Modera Wealth Management LLC now owns 3,585 shares of the company’s stock worth $495,000 after acquiring an additional 85 shares in the last quarter. Laidlaw Wealth Management LLC raised its holdings in shares of Vanguard Communication Services ETF by 0.7% in the 2nd quarter. Laidlaw Wealth Management LLC now owns 12,317 shares of the company’s stock valued at $1,702,000 after purchasing an additional 89 shares in the last quarter. Finally, Baker Avenue Asset Management LP lifted its position in shares of Vanguard Communication Services ETF by 2.3% during the 3rd quarter. Baker Avenue Asset Management LP now owns 4,535 shares of the company’s stock worth $659,000 after purchasing an additional 101 shares during the last quarter.

Vanguard Communication Services ETF Company 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.