Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 17,722 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Empirical Financial Services LLC d.b.a. Empirical Wealth Management trimmed its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 371,960 shares of the exchange traded fund’s stock after selling 17,722 shares during the period. Vanguard Real Estate ETF comprises 0.9% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s investment portfolio, making the stock its 23rd biggest position. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Vanguard Real Estate ETF were worth $33,134,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Empower Advisory Group LLC raised its stake in shares of Vanguard Real Estate ETF by 1.1% during the 3rd quarter. Empower Advisory Group LLC now owns 11,423,294 shares of the exchange traded fund’s stock worth $1,112,857,000 after purchasing an additional 125,586 shares during the period. JPMorgan Chase & Co. increased its holdings in Vanguard Real Estate ETF by 2.7% during the third quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock worth $972,156,000 after buying an additional 263,065 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Vanguard Real Estate ETF by 7.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock worth $669,716,000 after acquiring an additional 523,467 shares during the period. US Bancorp DE boosted its stake in Vanguard Real Estate ETF by 2.5% in the third quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock valued at $494,836,000 after acquiring an additional 123,161 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D grew its position in shares of Vanguard Real Estate ETF by 465.1% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock valued at $446,718,000 after acquiring an additional 3,774,000 shares during the period.

Vanguard Real Estate ETF Stock Up 0.3 %

Shares of VNQ stock opened at $90.71 on Monday. Vanguard Real Estate ETF has a 12-month low of $78.27 and a 12-month high of $99.58. The company has a 50 day moving average of $91.86 and a 200-day moving average of $93.14. The firm has a market cap of $35.70 billion, a P/E ratio of 22.09 and a beta of 1.03.

About Vanguard Real Estate ETF

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.