Vanguard Amends Arbor Realty Trust Stake, Maintains Passive Position
Ticker: ABR-PF · Form: SC 13G/A · Filed: Jan 10, 2024 · CIK: 1253986
| Field | Detail |
|---|---|
| Company | Arbor Realty Trust Inc (ABR-PF) |
| Form Type | SC 13G/A |
| Filed Date | Jan 10, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing, REIT
TL;DR
**Vanguard still owns a big chunk of Arbor Realty Trust, signaling institutional confidence.**
AI Summary
The Vanguard Group, a major investment firm, filed an amended SC 13G/A on January 10, 2024, indicating its beneficial ownership of Arbor Realty Trust Inc. common stock as of December 29, 2023. This filing updates their previous disclosure, showing their continued significant, but passive, stake in the real estate investment trust. For investors, this means a large institutional holder like Vanguard maintains confidence in Arbor Realty Trust, which can be a positive signal.
Why It Matters
This filing confirms that a major institutional investor, Vanguard, continues to hold a significant stake in Arbor Realty Trust, signaling their ongoing confidence in the company's long-term prospects.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate risk or change in company operations.
Analyst Insight
Investors should note that Vanguard's continued passive ownership suggests stability in institutional interest for Arbor Realty Trust. While not a direct buy signal, it indicates a lack of significant negative developments that would prompt a major institutional divestment.
Key Players & Entities
- The Vanguard Group (company) — reporting person and institutional investor
- Arbor Realty Trust Inc (company) — subject company, a Real Estate Investment Trust (REIT)
- December 29, 2023 (date) — date of event requiring the filing
- January 10, 2024 (date) — filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is The Vanguard Group, identified by IRS Identification No. 23-1945930.
What is the subject company of this filing?
The subject company is Arbor Realty Trust Inc., a Real Estate Investment Trust (REIT) with CIK 0001253986.
What is the CUSIP number for the securities mentioned?
The CUSIP number for the Common Stock of Arbor Realty Trust Inc. is 038923108.
When was the event that required this filing?
The date of the event which required the filing of this statement was December 29, 2023.
Filing Stats: 813 words · 3 min read · ~3 pages · Grade level 11.5 · Accepted 2024-01-10 10:16:55
Filing Documents
- tv0021-arborrealtytrustinc.htm (SC 13G/A) — 11KB
- 0001104659-24-002868.txt ( ) — 13KB
(a) - Name of Issuer
Item 1(a) - Name of Issuer: Arbor Realty Trust Inc
(b) - Address of Issuer's Principal Executive Offices
Item 1(b) - Address of Issuer's Principal Executive Offices: 333 Earle Ovington Boulevard, Suite 900 Uniondale, NY 11553
(a) - Name of Person Filing
Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930
(b) – Address of Principal Business Office or, if none, residence
Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355
(c) – Citizenship
Item 2(c) – Citizenship: Pennsylvania
(d) - Title of Class of Securities
Item 2(d) - Title of Class of Securities: Common Stock
(e) - CUSIP Number
Item 2(e) - CUSIP Number 038923108
- Type of Filing
Item 3 - Type of Filing: This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).
- Ownership
Item 4 - Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: (ii) shared power to vote or direct to vote: (iii) sole power to dispose of or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: Comments: The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.
- Ownership of Five Percent or Less of a Class
Item 5 - Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following
- Ownership of More Than Five Percent on Behalf of Another Person
Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%. Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable
- Identification and Classification of Members of Group
Item 8 - Identification and Classification of Members of Group: Not applicable
- Notice of Dissolution of Group
Item 9 - Notice of Dissolution of Group: Not applicable
- Certification
Item 10 - Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: January 10, 2024 By /s/ Ashley Grim Name: Ashley Grim Title: Head of Global Fund Administration