Investors Increase Their Stake in Ashford Hospitality Trust

Several institutional investors and hedge funds have recently made changes to their positions in Ashford Hospitality Trust, Inc. (NYSE:AHT), the most notable being Vanguard Group, which increased its position by 3.3%.

Vanguard increased its position with Ashford during the second quarter, acquiring an additional 541,526 shares. Vanguard now owns 17,010,778 shares, worth $103,426,000.

Arete Wealth Advisors LLC acquired a new stake in Ashford, valued at about $194,000, while Voya Investment Management LLC increased its shares by 13.4% during the second quarter. Voya Investment Management now owns 39.960 shares, worth $243,000.

Renaissance Technologies LLC grew its stake in shares of the company by 5.9% during this same quarter, now owning 2,262,000 shares worth $13,753,000. Parametric Portfolio Associates now owns 421,962 shares, increasing its stake by 14.5%. Lastly, State Street Corp grew its stake by 1.9%, purchasing an additional 53,797 shares, bringing its total to 2,821,0919 shares.

68.51% of Ashford Hospitality Trust stock is currently owned by institutional investors.

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About the author: Samara graduated from Simon Fraser University with a BA in English, minoring in Publishing and Creative Writing. One day she hopes to publish her very own novel, but in the meantime, she contents herself with blogging and editing. She currently specializes in writing financial news and analysis, as well as cryptocurrency news and information.