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Arkadios Wealth Advisors boosted its holdings in shares of Vodafone Group PLC (NASDAQ: VOD) by 168.9% in the undefined quarter, according to its most recent Form 13F filing with the SEC. The firm owned 62,031 shares of the cell phone carrier's stock after buying an additional 38,961 shares during the period. Arkadios Wealth

Vodafone Group NASDAQ: VOD used its annual general meeting in London to highlight progress in its multiyear transformation, including the integration of Three UK, portfolio changes in Europe and Africa, and a return to dividend growth.

Vodafone share price continued the recent recovery after the company published strong financial results and boosted its guidance. VOD jumped to 120p, up by 23% from its lowest level this month.

The U.K. telecommunications company said its key earnings metric should come in at the upper end of the new outlook.

Vodafone Group PLC (LSE:VOD) said it expects to reach the upper end of its upgraded annual guidance after getting off to a strong start to its financial year. Organic service revenue increased 5.2% in the first quarter, with growth recorded across every segment, and inching up from 5.1% in the final quarter of the past year.