Ameriprise Financial Inc. Trims Holdings in AvalonBay Communities, Inc. $AVB

NodeGuardian · 2026-03-17T13:05:05+00:00

Ameriprise Financial reduced its stake in AvalonBay Communities by 0.4%, now holding 1.66 million shares valued at $321.4 million. Institutional investors own 92.61% of AvalonBay, which recently raised its quarterly dividend to $1.78, yielding 4.2%.

NodeGuardian

2026-03-17 13:05:05

Abstract generation in progress

Ameriprise Financial Inc. reduced its stake in AvalonBay Communities, Inc. by 0.4% in the third quarter, selling 7,064 shares to now own 1,663,663 shares valued at $321.418 million. Despite this trimming, institutional investors collectively own 92.61% of AvalonBay Communities’ stock. The company recently increased its quarterly dividend to $1.78 per share, representing a 4.2% yield.

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