Assetmark Inc. Has $23.36 Million Stake in Vanguard Communication Services ETF $VOX

Assetmark Inc. trimmed its stake in Vanguard Communication Services ETF (NYSEARCA:VOX) by 17.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 124,422 shares of the company’s stock after selling 25,866 shares during the period. Assetmark Inc. owned about 0.40% of Vanguard Communication Services ETF worth $23,358,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Savvy Advisors Inc. increased its position in shares of Vanguard Communication Services ETF by 7.7% during the 3rd quarter. Savvy Advisors Inc. now owns 1,561 shares of the company’s stock worth $293,000 after purchasing an additional 111 shares in the last quarter. Caprock Group LLC bought a new stake in Vanguard Communication Services ETF during the third quarter worth about $971,000. Krilogy Financial LLC acquired a new stake in shares of Vanguard Communication Services ETF during the third quarter worth approximately $377,000. Wealthfront Advisers LLC raised its stake in shares of Vanguard Communication Services ETF by 11.2% in the third quarter. Wealthfront Advisers LLC now owns 2,943 shares of the company’s stock valued at $552,000 after acquiring an additional 297 shares during the last quarter. Finally, Prospera Financial Services Inc raised its stake in shares of Vanguard Communication Services ETF by 10.8% in the third quarter. Prospera Financial Services Inc now owns 6,283 shares of the company’s stock valued at $1,179,000 after acquiring an additional 612 shares during the last quarter.

Vanguard Communication Services ETF Price Performance

NYSEARCA VOX opened at $187.07 on Friday. The stock’s 50 day simple moving average is $193.37 and its 200 day simple moving average is $187.28. Vanguard Communication Services ETF has a one year low of $129.33 and a one year high of $200.77. The firm has a market cap of $6.06 billion, a PE ratio of 18.46 and a beta of 1.07.

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.