Praetorian Wealth Management Inc. Lowers Position in Vanguard Communication Services ETF $VOX

Praetorian Wealth Management Inc. trimmed its position in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 54.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,944 shares of the company’s stock after selling 24,313 shares during the quarter. Praetorian Wealth Management Inc. owned 0.06% of Vanguard Communication Services ETF worth $3,669,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its position in Vanguard Communication Services ETF by 489.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 674,664 shares of the company’s stock valued at $130,635,000 after purchasing an additional 560,204 shares during the period. Bank of America Corp DE increased its position in Vanguard Communication Services ETF by 12.7% during the 1st quarter. Bank of America Corp DE now owns 2,022,457 shares of the company’s stock worth $363,719,000 after purchasing an additional 227,574 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Vanguard Communication Services ETF by 204.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock worth $55,981,000 after buying an additional 219,842 shares in the last quarter. Marks Wealth LLC purchased a new position in shares of Vanguard Communication Services ETF during the 4th quarter worth approximately $41,093,000. Finally, Assetmark Inc. lifted its holdings in shares of Vanguard Communication Services ETF by 79.2% in the 1st quarter. Assetmark Inc. now owns 342,932 shares of the company’s stock valued at $61,673,000 after buying an additional 151,595 shares during the period.

Vanguard Communication Services ETF Price Performance

VOX opened at $186.32 on Friday. Vanguard Communication Services ETF has a 12 month low of $172.37 and a 12 month high of $200.77. The stock has a market capitalization of $5.73 billion, a P/E ratio of 18.46 and a beta of 1.05. The business has a 50 day simple moving average of $187.18 and a 200-day simple moving average of $189.82.

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.