Wealthfront Advisers LLC increased its stake in Simon Property Group, Inc. (SPG) by 10.8% to 73,003 shares, valued at $13.7 million. institutional investors hold a significant portion of the stock, with various hedge funds also adjusting their positions. Simon Property Group also authorized a $2.0 billion stock buyback and declared a quarterly dividend of $2.20, while the company’s Q3 revenue exceeded expectations.
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Wealthfront Advisers LLC Boosts Holdings in Simon Property Group, Inc. $SPG
Wealthfront Advisers LLC increased its stake in Simon Property Group, Inc. (SPG) by 10.8% to 73,003 shares, valued at $13.7 million. institutional investors hold a significant portion of the stock, with various hedge funds also adjusting their positions. Simon Property Group also authorized a $2.0 billion stock buyback and declared a quarterly dividend of $2.20, while the company’s Q3 revenue exceeded expectations.