Royal Fund Management LLC Sells 4,319 Shares of Vanguard Communication Services ETF $VOX

Royal Fund Management LLC trimmed its position in Vanguard Communication Services ETF (NYSEARCA:VOX) by 26.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,820 shares of the company’s stock after selling 4,319 shares during the quarter. Royal Fund Management LLC’s holdings in Vanguard Communication Services ETF were worth $2,222,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VOX. Hartford Financial Management Inc. acquired a new stake in shares of Vanguard Communication Services ETF in the 2nd quarter valued at $27,000. Maseco LLP bought a new stake in shares of Vanguard Communication Services ETF during the 2nd quarter worth $31,000. Tripletail Wealth Management LLC acquired a new stake in Vanguard Communication Services ETF in the third quarter valued at about $34,000. Private Wealth Management Group LLC bought a new position in Vanguard Communication Services ETF in the third quarter valued at about $41,000. Finally, Geneos Wealth Management Inc. raised its stake in Vanguard Communication Services ETF by 403.2% during the second quarter. Geneos Wealth Management Inc. now owns 317 shares of the company’s stock worth $54,000 after acquiring an additional 254 shares in the last quarter.

Vanguard Communication Services ETF Trading Down 0.6%

VOX opened at $192.30 on Monday. The company’s 50 day moving average is $190.52 and its 200-day moving average is $184.25. Vanguard Communication Services ETF has a 1-year low of $129.33 and a 1-year high of $196.27. The company has a market cap of $6.23 billion, a P/E ratio of 18.46 and a beta of 1.07.

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. 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.