Vanguard Communication Services ETF (NYSEARCA:VOX) Reaches New 52-Week High – Should You Buy?

Vanguard Communication Services ETF (NYSEARCA:VOX) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $164.25 and last traded at $164.17, with a volume of 37787 shares traded. The stock had previously closed at $163.10.

Vanguard Communication Services ETF Stock Performance

The company’s 50-day moving average is $158.15 and its 200-day moving average is $147.74. The firm has a market cap of $5.06 billion, a price-to-earnings ratio of 21.15 and a beta of 1.20.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Hennion & Walsh Asset Management Inc. increased its stake in Vanguard Communication Services ETF by 13.8% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 2,333 shares of the company’s stock worth $362,000 after purchasing an additional 283 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Vanguard Communication Services ETF by 19.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,309 shares of the company’s stock valued at $336,000 after purchasing an additional 380 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in Vanguard Communication Services ETF during the 3rd quarter valued at $345,000. US Bancorp DE lifted its holdings in Vanguard Communication Services ETF by 11.2% during the 3rd quarter. US Bancorp DE now owns 1,583 shares of the company’s stock valued at $230,000 after purchasing an additional 160 shares during the last quarter. Finally, Cerity Partners LLC increased its position in Vanguard Communication Services ETF by 9.3% during the 3rd quarter. Cerity Partners LLC now owns 9,948 shares of the company’s stock worth $1,446,000 after buying an additional 849 shares during the period.

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.