Vanguard Communication Services ETF (NYSEARCA:VOX) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered its stake in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 2.6% during the fourth quarter, Holdings Channel reports. The fund owned 2,235,777 shares of the company’s stock after selling 59,529 shares during the quarter. JPMorgan Chase & Co. owned about 0.07% of Vanguard Communication Services ETF worth $346,456,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VOX. Raymond James Financial Inc. acquired a new position in Vanguard Communication Services ETF in the 4th quarter valued at $37,042,000. PNC Financial Services Group Inc. grew its position in shares of Vanguard Communication Services ETF by 104.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 84,819 shares of the company’s stock valued at $13,143,000 after purchasing an additional 43,282 shares during the period. LPL Financial LLC increased its stake in Vanguard Communication Services ETF by 19.4% in the fourth quarter. LPL Financial LLC now owns 250,170 shares of the company’s stock valued at $38,766,000 after purchasing an additional 40,724 shares during the last quarter. Assetmark Inc. lifted its position in Vanguard Communication Services ETF by 422.1% during the fourth quarter. Assetmark Inc. now owns 43,521 shares of the company’s stock worth $6,744,000 after buying an additional 35,186 shares during the period. Finally, Founders Grove Wealth Partners LLC acquired a new stake in Vanguard Communication Services ETF in the 4th quarter worth about $4,365,000.

Vanguard Communication Services ETF Price Performance

VOX opened at $148.10 on Monday. Vanguard Communication Services ETF has a 12 month low of $122.73 and a 12 month high of $169.62. The business has a 50-day moving average of $159.80 and a two-hundred day moving average of $154.64. The stock has a market capitalization of $5.02 billion, a price-to-earnings ratio of 18.65 and a beta of 1.09.

Vanguard Communication Services ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.3832 dividend. This is a positive change from Vanguard Communication Services ETF’s previous dividend of $0.32. The ex-dividend date of this dividend was Tuesday, March 25th.

Vanguard Communication Services ETF 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.