Envestnet Portfolio Solutions Inc. Decreases Holdings in Vanguard Communication Services ETF $VOX

Envestnet Portfolio Solutions Inc. cut its holdings in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 20.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 40,436 shares of the company’s stock after selling 10,175 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Communication Services ETF were worth $6,916,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Grimes & Company Inc. increased its stake in shares of Vanguard Communication Services ETF by 3.3% in the second quarter. Grimes & Company Inc. now owns 1,899 shares of the company’s stock worth $325,000 after buying an additional 61 shares during the period. Silver Oak Securities Incorporated increased its stake in shares of Vanguard Communication Services ETF by 2.9% in the second quarter. Silver Oak Securities Incorporated now owns 2,306 shares of the company’s stock worth $394,000 after buying an additional 66 shares during the period. Financial Counselors Inc. increased its stake in shares of Vanguard Communication Services ETF by 4.6% in the first quarter. Financial Counselors Inc. now owns 1,571 shares of the company’s stock worth $233,000 after buying an additional 69 shares during the period. McAdam LLC increased its stake in shares of Vanguard Communication Services ETF by 4.4% in the second quarter. McAdam LLC now owns 1,760 shares of the company’s stock worth $301,000 after buying an additional 74 shares during the period. Finally, Madden Advisory Services Inc. increased its stake in shares of Vanguard Communication Services ETF by 5.0% in the second quarter. Madden Advisory Services Inc. now owns 1,607 shares of the company’s stock worth $275,000 after buying an additional 77 shares during the period.

Vanguard Communication Services ETF Stock Up 0.6%

Shares of NYSEARCA VOX opened at $184.20 on Wednesday. Vanguard Communication Services ETF has a 52 week low of $129.33 and a 52 week high of $192.83. The firm’s fifty day moving average is $183.40 and its 200 day moving average is $166.98. The company has a market cap of $5.70 billion, a price-to-earnings ratio of 18.46 and a beta of 1.04.

Vanguard Communication Services ETF Company 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.