KCM Investment Advisors LLC Cuts Position in Vanguard Communication Services ETF (NYSEARCA:VOX)

KCM Investment Advisors LLC reduced its holdings in shares of Vanguard Communication Services ETF (NYSEARCA:VOX) by 5.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 254,484 shares of the company’s stock after selling 14,179 shares during the period. Vanguard Communication Services ETF comprises 1.4% of KCM Investment Advisors LLC’s investment portfolio, making the stock its 21st largest holding. KCM Investment Advisors LLC’s holdings in Vanguard Communication Services ETF were worth $39,435,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Wells Fargo & Company MN boosted its position in Vanguard Communication Services ETF by 2.8% during the 4th quarter. Wells Fargo & Company MN now owns 799,797 shares of the company’s stock worth $123,936,000 after purchasing an additional 21,540 shares during the period. Atlas Capital Advisors Inc. boosted its position in shares of Vanguard Communication Services ETF by 9.8% in the fourth quarter. Atlas Capital Advisors Inc. now owns 47,866 shares of the company’s stock worth $7,417,000 after buying an additional 4,255 shares during the period. O Shaughnessy Asset Management LLC boosted its position in shares of Vanguard Communication Services ETF by 303.4% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 6,002 shares of the company’s stock worth $930,000 after buying an additional 4,514 shares during the period. CIBC Private Wealth Group LLC grew its stake in shares of Vanguard Communication Services ETF by 51.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,476 shares of the company’s stock valued at $232,000 after buying an additional 503 shares in the last quarter. Finally, Florida Financial Advisors LLC raised its holdings in shares of Vanguard Communication Services ETF by 19.2% during the 4th quarter. Florida Financial Advisors LLC now owns 2,529 shares of the company’s stock valued at $392,000 after buying an additional 408 shares during the period.

Vanguard Communication Services ETF Stock Down 5.5 %

NYSEARCA VOX opened at $134.43 on Friday. Vanguard Communication Services ETF has a fifty-two week low of $122.73 and a fifty-two week high of $169.62. The business has a 50 day moving average price of $158.26 and a two-hundred day moving average price of $154.62. The stock has a market cap of $4.56 billion, a PE ratio of 18.65 and a beta of 1.09.

Vanguard Communication Services ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.3832 dividend. The ex-dividend date was Tuesday, March 25th. This is an increase from Vanguard Communication Services ETF’s previous dividend of $0.32.

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.