Royal Bank of Canada Purchases 8,312 Shares of Vanguard Communication Services ETF $VOX

Royal Bank of Canada boosted its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 6.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 129,025 shares of the company’s stock after purchasing an additional 8,312 shares during the quarter. Royal Bank of Canada’s holdings in Vanguard Communication Services ETF were worth $23,204,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Core Wealth Advisors LLC acquired a new stake in shares of Vanguard Communication Services ETF in the fourth quarter valued at approximately $25,000. Reflection Asset Management bought a new position in Vanguard Communication Services ETF during the 4th quarter worth $30,000. Godfrey Financial Associates Inc. bought a new position in Vanguard Communication Services ETF during the 4th quarter worth $30,000. Main Street Group LTD acquired a new position in Vanguard Communication Services ETF in the 1st quarter valued at $28,000. Finally, Cornerstone Planning Group LLC raised its holdings in Vanguard Communication Services ETF by 835.3% in the 1st quarter. Cornerstone Planning Group LLC now owns 159 shares of the company’s stock valued at $31,000 after acquiring an additional 142 shares in the last quarter.

Vanguard Communication Services ETF Stock Down 1.7%

VOX opened at $186.48 on Thursday. The stock has a market capitalization of $5.73 billion, a price-to-earnings ratio of 18.46 and a beta of 1.05. Vanguard Communication Services ETF has a twelve month low of $172.37 and a twelve month high of $200.77. The company has a 50-day simple moving average of $187.44 and a 200 day simple moving average of $189.86.

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.