Foundations Investment Advisors LLC Sells 386,138 Shares of Vanguard Communication Services ETF $VOX

Foundations Investment Advisors LLC lowered its position in Vanguard Communication Services ETF (NYSEARCA:VOX) by 96.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,689 shares of the company’s stock after selling 386,138 shares during the quarter. Foundations Investment Advisors LLC owned about 0.05% of Vanguard Communication Services ETF worth $2,945,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Beacon Capital Management Inc. raised its holdings in shares of Vanguard Communication Services ETF by 192.8% in the 2nd quarter. Beacon Capital Management Inc. now owns 759,842 shares of the company’s stock valued at $129,956,000 after acquiring an additional 500,292 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Vanguard Communication Services ETF by 204.6% in the second quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock worth $55,981,000 after purchasing an additional 219,842 shares during the last quarter. PGIM Custom Harvest LLC raised its stake in Vanguard Communication Services ETF by 8.7% in the second quarter. PGIM Custom Harvest LLC now owns 1,966,879 shares of the company’s stock valued at $336,395,000 after purchasing an additional 157,783 shares in the last quarter. Assetmark Inc. lifted its position in Vanguard Communication Services ETF by 321.6% during the second quarter. Assetmark Inc. now owns 150,288 shares of the company’s stock valued at $25,704,000 after purchasing an additional 114,638 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in Vanguard Communication Services ETF by 6.2% during the second quarter. Bank of America Corp DE now owns 1,787,362 shares of the company’s stock valued at $305,692,000 after purchasing an additional 103,889 shares during the last quarter.

Vanguard Communication Services ETF Price Performance

Shares of NYSEARCA:VOX opened at $199.46 on Friday. The company’s fifty day moving average price is $193.02 and its 200-day moving average price is $185.76. The firm has a market capitalization of $6.46 billion, a price-to-earnings ratio of 18.46 and a beta of 1.07. Vanguard Communication Services ETF has a one year low of $129.33 and a one year high of $200.77.

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.