GAMMA Investing LLC has significantly enlarged its position in the real estate investment trust Stag Industrial, Inc. According to a recent SEC filing, the firm’s stake rose by 58.7% during the second quarter after acquiring an additional 539 shares.
Stag Industrial, Inc. $STAG Stake Lifted by GAMMA Investing LLC
Key Takeaways:
- GAMMA expanded its stake in Stag Industrial by 58.7%.
- The firm bought 539 additional shares.
- Its total holdings now stand at 1,458 shares.
- The information comes from an SEC filing.
Background on the Stake Increase
GAMMA Investing LLC recently expanded its position in Stag Industrial, Inc., a real estate investment trust listed on the NYSE. This move was made public through filings with the Securities and Exchange Commission, which confirm the company’s updated stake.
Details from the SEC Filing
According to the filing, GAMMA boosted its stake in Stag Industrial by 58.7% in the second quarter. The significant increase in holdings underscores the firm’s decision to enhance its investment in this REIT.
Shareholding Figures
GAMMA Investing LLC reported owning 1,458 shares of Stag Industrial, Inc. after purchasing an additional 539 shares. The table below illustrates these figures:
Quarter | Additional Shares Purchased | Percentage Increase |
---|---|---|
Q2 | 539 | 58.7% |
Implications for Investment Activity
While the SEC filing does not disclose specific reasons behind GAMMA’s decision, the increase suggests rising confidence in Stag Industrial, Inc. This update underscores the broader trend of active investment strategies within the real estate sector based on ongoing market opportunities.