Goldman Sachs Group Inc. Grows Position in Vanguard Communication Services ETF $VOX

Goldman Sachs Group Inc. boosted its stake in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 489.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 674,664 shares of the company’s stock after acquiring an additional 560,204 shares during the period. Goldman Sachs Group Inc. owned 2.08% of Vanguard Communication Services ETF worth $130,635,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Core Wealth Advisors LLC bought a new position in shares of Vanguard Communication Services ETF during the 4th quarter valued at about $25,000. Godfrey Financial Associates Inc. bought a new stake in shares of Vanguard Communication Services ETF in the fourth quarter worth about $30,000. Field & Main Bank bought a new stake in shares of Vanguard Communication Services ETF in the fourth quarter worth about $33,000. International Assets Investment Management LLC purchased a new stake in shares of Vanguard Communication Services ETF in the fourth quarter worth about $38,000. Finally, Asset Dedication LLC purchased a new stake in shares of Vanguard Communication Services ETF in the fourth quarter worth about $39,000.

Vanguard Communication Services ETF Trading Down 0.7%

Shares of Vanguard Communication Services ETF stock opened at $187.17 on Tuesday. The firm has a market cap of $5.69 billion, a PE ratio of 18.46 and a beta of 1.05. The stock has a 50 day moving average of $192.46 and a 200 day moving average of $191.44. Vanguard Communication Services ETF has a 12 month low of $160.74 and a 12 month high of $200.77.

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.