Cambridge Investment Research Advisors Inc. decreased its stake in Vanguard Communication Services ETF (NYSEARCA:VOX) by 36.4% in the 4th quarter, according to a recent disclosure with the Securities & Exchange Commission. The fund owned 16,562 shares of the company’s stock after selling 9,490 shares during the quarter, valued at $1,950,000.
Other large investors also made changes to their holdings of the company. Gables Capital Management Inc. acquired a new stake in Vanguard Communication Services ETF, while Versant Capital Management Inc. and Integrity Financial Corp WA increased their positions. Headinvest LLC and MV Capital Management Inc. also bought new stakes in the company.
Vanguard Communication Services ETF stock was up by 0.1%, opening at $134.80 on Wednesday. It has a 52-week low of $100.32 and a high of $135.07, with a 50-day moving average of $131.50. The company has a market cap of $4.11 billion, a P/E ratio of 21.15, and a beta of 1.20.
The Fund seeks to track the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index, which includes stocks of US companies within the telecommunication services sector.