Dumont & Blake Investment Advisors LLC Cuts Stock Position in Vanguard Communication Services ETF (NYSEARCA:VOX)

Dumont & Blake Investment Advisors LLC trimmed its position in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 50.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,710 shares of the company’s stock after selling 14,858 shares during the quarter. Dumont & Blake Investment Advisors LLC’s holdings in Vanguard Communication Services ETF were worth $2,139,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Sound Income Strategies LLC acquired a new position in Vanguard Communication Services ETF during the 1st quarter valued at about $37,000. Narus Financial Partners LLC lifted its holdings in shares of Vanguard Communication Services ETF by 15.1% during the first quarter. Narus Financial Partners LLC now owns 13,188 shares of the company’s stock worth $1,731,000 after purchasing an additional 1,735 shares during the period. Kovack Advisors Inc. boosted its position in Vanguard Communication Services ETF by 0.9% in the first quarter. Kovack Advisors Inc. now owns 10,554 shares of the company’s stock valued at $1,385,000 after buying an additional 96 shares during the last quarter. Fountainhead AM LLC raised its position in Vanguard Communication Services ETF by 10.5% during the 1st quarter. Fountainhead AM LLC now owns 2,547 shares of the company’s stock worth $334,000 after buying an additional 243 shares during the last quarter. Finally, Astor Investment Management LLC increased its stake in shares of Vanguard Communication Services ETF by 24.9% in the first quarter. Astor Investment Management LLC now owns 55,131 shares of the company’s stock worth $7,234,000 after acquiring an additional 10,989 shares during the period.

Vanguard Communication Services ETF Price Performance

VOX stock traded up $1.03 during midday trading on Friday, hitting $146.51. 980 shares of the stock traded hands, compared to its average volume of 148,429. The stock’s fifty day simple moving average is $141.84 and its 200-day simple moving average is $136.95. Vanguard Communication Services ETF has a 1-year low of $100.32 and a 1-year high of $147.59. The firm has a market cap of $4.47 billion, a P/E ratio of 21.15 and a beta of 1.20.

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.