Asset One Wealth Management LLC Invests $8.59 Million in Vanguard Communication Services ETF $VOX

Asset One Wealth Management LLC bought a new position in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) during the fourth quarter, Holdings Channel.com reports. The fund bought 43,228 shares of the company’s stock, valued at approximately $8,591,000. Vanguard Communication Services ETF accounts for 1.2% of Asset One Wealth Management LLC’s investment portfolio, making the stock its 18th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Armstrong Advisory Group Inc. raised its position in Vanguard Communication Services ETF by 2.9% in the 4th quarter. Armstrong Advisory Group Inc. now owns 189,669 shares of the company’s stock valued at $36,726,000 after buying an additional 5,257 shares during the last quarter. Assetmark Inc. raised its position in Vanguard Communication Services ETF by 53.8% in the 4th quarter. Assetmark Inc. now owns 191,337 shares of the company’s stock valued at $37,049,000 after buying an additional 66,915 shares during the last quarter. First Financial Corp IN raised its position in Vanguard Communication Services ETF by 14.1% in the 4th quarter. First Financial Corp IN now owns 23,095 shares of the company’s stock valued at $4,472,000 after buying an additional 2,851 shares during the last quarter. Diversify Wealth Management LLC purchased a new stake in Vanguard Communication Services ETF in the 4th quarter valued at $535,000. Finally, Cornerstone National Bank & Trust Co purchased a new stake in Vanguard Communication Services ETF in the 4th quarter valued at $673,000.

Vanguard Communication Services ETF Trading Down 2.8%

NYSEARCA VOX opened at $185.52 on Thursday. The firm has a market capitalization of $5.64 billion, a P/E ratio of 18.46 and a beta of 1.05. The business has a fifty day simple moving average of $193.66 and a 200 day simple moving average of $191.57. Vanguard Communication Services ETF has a 12 month low of $160.74 and a 12 month high of $200.77.

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. The sector is made up of companies that provide communications services primarily through fixed-line, cellular, wireless, high-bandwidth, and/or fiber-optic cable networks.