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

KCM Investment Advisors LLC decreased its holdings in Vanguard Communication Services ETF (NYSEARCA:VOX) by 5.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 approximately 1.4% of KCM Investment Advisors LLC’s portfolio, making the stock its 21st largest position. KCM Investment Advisors LLC owned 0.83% of Vanguard Communication Services ETF worth $39,435,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Raymond James Financial Inc. purchased a new position in shares of Vanguard Communication Services ETF in the 4th quarter valued at about $37,042,000. PNC Financial Services Group Inc. lifted its stake in Vanguard Communication Services ETF by 104.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 84,819 shares of the company’s stock worth $13,143,000 after acquiring an additional 43,282 shares during the last quarter. LPL Financial LLC grew its holdings in Vanguard Communication Services ETF by 19.4% during the 4th quarter. LPL Financial LLC now owns 250,170 shares of the company’s stock worth $38,766,000 after acquiring an additional 40,724 shares in the last quarter. Assetmark Inc. grew its holdings in Vanguard Communication Services ETF by 422.1% during the 4th quarter. Assetmark Inc. now owns 43,521 shares of the company’s stock worth $6,744,000 after acquiring an additional 35,186 shares in the last quarter. Finally, Founders Grove Wealth Partners LLC purchased a new stake in shares of Vanguard Communication Services ETF in the 4th quarter valued at approximately $4,365,000.

Vanguard Communication Services ETF Trading Down 5.5 %

Vanguard Communication Services ETF stock opened at $134.43 on Friday. The company has a fifty day simple moving average of $158.26 and a 200-day simple moving average of $154.62. The stock has a market cap of $4.56 billion, a P/E ratio of 18.65 and a beta of 1.09. Vanguard Communication Services ETF has a 12-month low of $122.73 and a 12-month high of $169.62.

Vanguard Communication Services ETF Increases Dividend

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

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.