Vanguard Group Amends UDR Inc. (UDR) Stake Filing
Ticker: UDR · Form: SC 13G/A · Filed: 2024-02-13T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing, real-estate
TL;DR
**Vanguard still holds UDR stock, showing continued institutional confidence.**
AI Summary
The Vanguard Group, a major investment firm, filed an amended Schedule 13G/A on February 13, 2024, indicating its ownership of UDR Inc. (a real estate investment trust) as of December 29, 2023. This filing, an amendment number 18, updates their previous disclosures regarding their passive stake in UDR's Common Stock. For investors, this means a significant institutional holder like Vanguard continues to maintain a position in UDR, which can be seen as a vote of confidence, but the specific percentage of ownership or changes in share count are not detailed in the provided text.
Why It Matters
This filing confirms Vanguard's continued significant, passive ownership in UDR Inc., signaling ongoing institutional interest in the real estate investment trust.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate risk or significant change in company fundamentals.
Analyst Insight
This filing is a routine update from a major institutional investor. It doesn't suggest any immediate buy/sell action but confirms UDR's continued presence in large institutional portfolios, which can be a positive long-term indicator for stability.
Key Numbers
- 18 — Amendment Number (This is the 18th amendment to Vanguard's Schedule 13G filing for UDR Inc., indicating a long-standing reporting history.)
- 0000102909 — Vanguard's CIK (Central Index Key for The Vanguard Group, identifying the filer.)
- 0000074208 — UDR's CIK (Central Index Key for UDR, Inc., identifying the subject company.)
Key Players & Entities
- UDR, Inc. (company) — the subject company whose securities are being reported
- The Vanguard Group (company) — the reporting person filing the SC 13G/A
- December 29, 2023 (date) — the date of the event which required the filing of this statement
- February 13, 2024 (date) — the filing date of the SC 13G/A
- 902653104 (number) — the CUSIP number for UDR Inc.'s Common Stock
Forward-Looking Statements
- Vanguard will continue to hold a significant, passive stake in UDR Inc. throughout 2024. (The Vanguard Group) — high confidence, target: December 31, 2024
- UDR Inc. will remain a component of Vanguard's passively managed index funds. (UDR Inc.) — high confidence, target: December 31, 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934, specifically Amendment No. 18, filed by The Vanguard Group.
Who is the reporting person in this filing?
The reporting person is The Vanguard Group, identified by IRS Identification No. 23-1945930 and CIK 0000102909.
What is the subject company and the class of securities being reported?
The subject company is UDR Inc., and the class of securities being reported is Common Stock, with CUSIP Number 902653104.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 29, 2023.
Under which rule is this Schedule 13G/A filed?
This Schedule 13G/A is filed under Rule 13d-1(b), as indicated by the checked box in the filing.
From the Filing
0001104659-24-022159.txt : 20240213 0001104659-24-022159.hdr.sgml : 20240213 20240213171559 ACCESSION NUMBER: 0001104659-24-022159 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UDR, Inc. CENTRAL INDEX KEY: 0000074208 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 540857512 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-20857 FILM NUMBER: 24629736 BUSINESS ADDRESS: STREET 1: 1745 SHEA CENTER DRIVE STREET 2: SUITE 200 CITY: HIGHLANDS RANCH STATE: CO ZIP: 80129 BUSINESS PHONE: 720-283-6120 MAIL ADDRESS: STREET 1: 1745 SHEA CENTER DRIVE STREET 2: SUITE 200 CITY: HIGHLANDS RANCH STATE: CO ZIP: 80129 FORMER COMPANY: FORMER CONFORMED NAME: UNITED DOMINION REALTY TRUST INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: OLD DOMINION REAL ESTATE INVESTMENT TRUST DATE OF NAME CHANGE: 19850110 FORMER COMPANY: FORMER CONFORMED NAME: OLD DOMINION REIT ONE DATE OF NAME CHANGE: 19770921 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv02137-udrinc.htm SCHEDULE 13G/A udrinc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 18)* Name of issuer:  UDR Inc Title of Class of Securities:  Common Stock CUSIP Number:  902653104 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s))     13G CUSIP No.:  902653104 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 669,793 7.  SOLE DISPOSITIVE POWER 49,230,418 8.  SHARED DISPOSITIVE POWER 1,599,321 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 50,829,739 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 15.45% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: UDR Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 1745 Shea Center Drive, Suite 200 Highlands Ranch, CO 80129-1540 Item 2