Empirical Financial Services LLC d.b.a. Empirical Wealth Management Grows Stock Position in Vanguard Real Estate ETF $VNQ

Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 429,304 shares of the exchange traded fund’s stock after acquiring an additional 27,063 shares during the quarter. Vanguard Real Estate ETF accounts for about 0.7% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s investment portfolio, making the stock its 26th largest holding. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned approximately 0.11% of Vanguard Real Estate ETF worth $37,989,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Palisade Asset Management LLC purchased a new position in shares of Vanguard Real Estate ETF in the third quarter valued at $36,000. Texas Capital Bancshares Inc TX acquired a new stake in Vanguard Real Estate ETF during the 3rd quarter valued at $44,000. Thompson Investment Management Inc. purchased a new stake in Vanguard Real Estate ETF during the 3rd quarter worth $45,000. Corsicana & Co. purchased a new stake in Vanguard Real Estate ETF during the 3rd quarter worth $47,000. Finally, Wealth Watch Advisors INC acquired a new position in Vanguard Real Estate ETF in the 3rd quarter worth $47,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

NYSEARCA:VNQ opened at $89.02 on Thursday. The firm has a 50-day moving average of $92.13 and a two-hundred day moving average of $90.83. The stock has a market cap of $34.09 billion, a P/E ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 1-year low of $76.92 and a 1-year high of $96.23.

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.