Advisors Capital Management Discloses New Position in Vornado Realty Trust
According to a recent Form 13F filing submitted to the SEC, Advisors Capital Management disclosed a noteworthy new position in Vornado Realty Trust (NYSE: VNO) stock. Here’s what you need to know about Vornado Realty Trust, as well as Advisors Capital Management’s position in shares of VNO stock:
Advisors Capital Management
Ridgewood, New Jersey-based Advisors Capital Management, LLC offers custom-tailored investment portfolios and management solutions to keep investors on top of their money. Advisors Capital Management has over $5 billion in discretionary assets under management. You can learn more about Advisors Capital Management on their website here.
Advisors Capital Management’s New Position in VNO Stock
According to the most recent 13F filing from Advisors Capital Management, the institutional investment manager added a meaningful position in Vornado Realty Trust (NYSE: VNO), with 579,719 shares, which represents approximately 0.2813% of the 206,103,989 total VNO shares outstanding. Based on VNO’s last closing price of $25.11 per share, Advisors Capital Management’s stake in VNO is worth approximately $14,556,744.09, assuming no change in the position size. If you’re not very familiar with Vornado Realty Trust, learn more below.
Vornado Realty Trust (NYSE: VNO)
Vornado’s portfolio is concentrated in the nation’s key market — New York City — along with the premier asset in both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2019. In 2012, Vornado commemorated 50 years on the NYSE.
Summary
Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like Advisors Capital Management. Also be sure to check out more recent 13F filing analysis news here.
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