Vanguard Group Inc. increased its stake in Agree Realty Corporation (NYSE:ADC) by 2.2% during the third quarter, now owning 15,646,573 shares valued at approximately $1.11 billion. Institutional investors collectively control about 97.83% of the stock. Insiders, including Chairman Richard Agree and Director John Rakolta Jr., have also recently purchased shares, bringing insider ownership to 1.8%.
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Agree Realty Corporation $ADC Shares Purchased by Vanguard Group Inc.
Vanguard Group Inc. increased its stake in Agree Realty Corporation (NYSE:ADC) by 2.2% during the third quarter, now owning 15,646,573 shares valued at approximately $1.11 billion. Institutional investors collectively control about 97.83% of the stock. Insiders, including Chairman Richard Agree and Director John Rakolta Jr., have also recently purchased shares, bringing insider ownership to 1.8%.