Merit Financial Group LLC Boosts Position in Vanguard Communication Services ETF $VOX

Merit Financial Group LLC grew its stake in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 23.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,575 shares of the company’s stock after purchasing an additional 7,955 shares during the quarter. Merit Financial Group LLC owned 0.14% of Vanguard Communication Services ETF worth $7,832,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Advisors Management Group Inc. ADV lifted its stake in shares of Vanguard Communication Services ETF by 1.0% in the first quarter. Advisors Management Group Inc. ADV now owns 5,327 shares of the company’s stock worth $958,000 after acquiring an additional 54 shares in the last quarter. Private Advisor Group LLC grew its stake in Vanguard Communication Services ETF by 0.4% in the first quarter. Private Advisor Group LLC now owns 13,806 shares of the company’s stock worth $2,483,000 after purchasing an additional 55 shares in the last quarter. KDK Private Wealth Management LLC increased its holdings in Vanguard Communication Services ETF by 0.9% in the first quarter. KDK Private Wealth Management LLC now owns 6,314 shares of the company’s stock valued at $1,136,000 after buying an additional 56 shares during the last quarter. Citizens Financial Group Inc. RI raised its stake in Vanguard Communication Services ETF by 0.9% during the fourth quarter. Citizens Financial Group Inc. RI now owns 6,404 shares of the company’s stock valued at $1,240,000 after buying an additional 57 shares in the last quarter. Finally, Harbor Asset Planning Inc. raised its stake in Vanguard Communication Services ETF by 3.4% during the fourth quarter. Harbor Asset Planning Inc. now owns 1,760 shares of the company’s stock valued at $341,000 after buying an additional 58 shares in the last quarter.

Vanguard Communication Services ETF Stock Down 0.8%

NYSEARCA:VOX opened at $185.16 on Thursday. The business’s 50 day moving average is $186.64 and its two-hundred day moving average is $189.69. Vanguard Communication Services ETF has a 52 week low of $172.37 and a 52 week high of $200.77. The company has a market cap of $5.69 billion, a PE ratio of 18.46 and a beta of 1.05.

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. 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.