From The Motley Fool · Daniel Foelber · · 50s
Vanguard ETF Buys SpaceX Fourth Month
Vanguard Communication Services ETF adds SpaceX shares for fourth straight month.
In brief
Vanguard Communication Services ETF adds SpaceX shares for fourth straight month. Vanguard Communication Services ETF now holds 1,209,387 SpaceX shares after buying for fourth consecutive month. Originally reported by The Motley Fool.
Vanguard ETF buys SpaceX shares
Vanguard Communication Services ETF adds SpaceX shares for fourth consecutive month.
SpaceX shares in ETF
As of Sept 30, the ETF holds 1,209,387 SpaceX shares up from 1,170,398 shares as of Aug 31.
SpaceX float percentage
SpaceX's float is 17.5% of its 13.18 billion share count.
Vanguard ETF composition
Alphabet and Meta Platforms make up 47% of the Vanguard Communication Services ETF.
Why ETF buys SpaceX
Vanguard classifies SpaceX as a communications stock, making it the only Vanguard sector ETF to buy SpaceX.
What happens next
SpaceX will become a top-three holding in the ETF if weighted by market cap.
The main idea
Vanguard Communication Services ETF now holds 1,209,387 SpaceX shares after buying for fourth consecutive month.
