Royal Fund Management LLC Sells 1,720 Shares of Vanguard Communication Services ETF (NYSEARCA:VOX)

Royal Fund Management LLC trimmed its stake in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 5.2% during the fourth quarter, HoldingsChannel reports. The fund owned 31,452 shares of the company’s stock after selling 1,720 shares during the period. Royal Fund Management LLC’s holdings in Vanguard Communication Services ETF were worth $3,707,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its holdings in Vanguard Communication Services ETF by 102.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,090,339 shares of the company’s stock worth $114,693,000 after purchasing an additional 552,760 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Vanguard Communication Services ETF by 5,762.3% during the fourth quarter. International Assets Investment Management LLC now owns 115,605 shares of the company’s stock worth $13,609,000 after buying an additional 113,633 shares during the period. Invst LLC bought a new position in shares of Vanguard Communication Services ETF during the third quarter worth about $9,267,000. Envestnet Portfolio Solutions Inc. acquired a new stake in Vanguard Communication Services ETF in the 3rd quarter valued at approximately $8,745,000. Finally, PGIM Custom Harvest LLC lifted its stake in Vanguard Communication Services ETF by 4.4% in the 3rd quarter. PGIM Custom Harvest LLC now owns 1,401,694 shares of the company’s stock valued at $147,444,000 after acquiring an additional 58,593 shares in the last quarter.

Vanguard Communication Services ETF Price Performance

NYSEARCA:VOX traded up $1.01 during trading hours on Friday, reaching $130.29. 125,742 shares of the stock were exchanged, compared to its average volume of 194,153. The firm has a 50 day moving average of $129.39 and a 200 day moving average of $120.95. The stock has a market cap of $3.97 billion, a PE ratio of 21.15 and a beta of 1.20. Vanguard Communication Services ETF has a twelve month low of $94.96 and a twelve month high of $134.34.

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.