Towerview Lowers stake in Gyrodyne LLC (GYRO)

Gyrodyne LLC (GYRO) : Towerview reduced its stake in Gyrodyne LLC by 3.33% during the most recent quarter end. The investment management company now holds a total of 101,500 shares of Gyrodyne LLC which is valued at $2,055,375 after selling 3,500 shares in Gyrodyne LLC , the firm said in a disclosure report filed with the SEC on Jul 20, 2016.Gyrodyne LLC makes up approximately 0.88% of Towerview’s portfolio.

Other Hedge Funds, Including , Acadian Asset Management reduced its stake in GYRO by selling 309 shares or 4.34% in the most recent quarter. The Hedge Fund company now holds 6,811 shares of GYRO which is valued at $137,718.

Gyrodyne LLC opened for trading at $20.49 and hit $20.49 on the upside on Wednesday, eventually ending the session at $20.22, with a gain of 0.05% or 0.01 points. The heightened volatility saw the trading volume jump to 2,396 shares. Company has a market cap of $30 M.

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