QP Wealth Management LLC Buys Shares of 4,895 Vanguard Communication Services ETF $VOX

QP Wealth Management LLC acquired a new position in Vanguard Communication Services ETF (NYSEARCA:VOX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,895 shares of the company’s stock, valued at approximately $948,000. Vanguard Communication Services ETF comprises approximately 0.8% of QP Wealth Management LLC’s portfolio, making the stock its 29th largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. PGIM Custom Harvest LLC grew its position in Vanguard Communication Services ETF by 1.6% during the third quarter. PGIM Custom Harvest LLC now owns 1,998,409 shares of the company’s stock worth $375,161,000 after buying an additional 31,530 shares in the last quarter. Bank of America Corp DE increased its stake in Vanguard Communication Services ETF by 0.4% during the third quarter. Bank of America Corp DE now owns 1,795,262 shares of the company’s stock valued at $337,025,000 after acquiring an additional 7,900 shares during the period. Beacon Capital Management Inc. raised its holdings in 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. Ameriprise Financial Inc. raised its holdings in Vanguard Communication Services ETF by 9.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 331,114 shares of the company’s stock valued at $56,621,000 after acquiring an additional 27,293 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Vanguard Communication Services ETF by 204.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 327,317 shares of the company’s stock worth $55,981,000 after acquiring an additional 219,842 shares during the period.

Vanguard Communication Services ETF Trading Down 1.1%

Shares of NYSEARCA:VOX opened at $182.65 on Friday. Vanguard Communication Services ETF has a 1-year low of $129.33 and a 1-year high of $200.77. The firm has a market capitalization of $5.92 billion, a PE ratio of 18.46 and a beta of 1.07. The business’s 50 day moving average is $191.23 and its 200-day moving average is $189.32.

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. 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.