Vanguard Group Inc Has $28.20 Million Stake in New York REIT Inc (NYRT)
Vanguard Group Inc reduced its holdings in shares of New York REIT Inc (NYSE:NYRT) by 19.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,554,394 shares of the real estate investment trust’s stock after selling 367,637 shares during the quarter. Vanguard Group Inc owned 9.26% of New York REIT worth $28,197,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Allianz Asset Management GmbH grew its holdings in shares of New York REIT by 2.7% during the third quarter. Allianz Asset Management GmbH now owns 1,645,000 shares of the real estate investment trust’s stock valued at $29,840,000 after buying an additional 42,991 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of New York REIT during the second quarter valued at about $1,253,000. Millennium Management LLC bought a new position in shares of New York REIT during the second quarter valued at about $3,699,000. Marshall Wace LLP bought a new position in shares of New York REIT during the third quarter valued at about $2,054,000. Finally, Citadel Advisors LLC bought a new position in shares of New York REIT during the third quarter valued at about $280,000. Hedge funds and other institutional investors own 73.78% of the company’s stock.
NYRT opened at $14.18 on Monday. New York REIT Inc has a fifty-two week low of $13.40 and a fifty-two week high of $75.30.
NYRT is a publicly traded real estate investment trust listed on the NYSE that owns income-producing commercial real estate, including office and retail properties, located in New York City. NYRT's shareholders recently adopted a plan of liquidation pursuant to which NYRT is liquidating and winding down and, in connection therewith, is seeking to sell its assets in an orderly fashion to maximize shareholder value.
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