Founders Financial Securities Lowers stake in Gladstone Commercial Corporation (GOOD)

Gladstone Commercial Corporation (GOOD) : Founders Financial Securities reduced its stake in Gladstone Commercial Corporation by 2.09% during the most recent quarter end. The investment management company now holds a total of 20,484 shares of Gladstone Commercial Corporation which is valued at $351,710 after selling 438 shares in Gladstone Commercial Corporation , the firm said in a disclosure report filed with the SEC on Jul 8, 2016.Gladstone Commercial Corporation makes up approximately 0.16% of Founders Financial Securities’s portfolio.

Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa added GOOD to its portfolio by purchasing 864 company shares during the most recent quarter which is valued at $14,835.

Gladstone Commercial Corporation opened for trading at $17.51 and hit $17.5785 on the upside on Wednesday, eventually ending the session at $17.54, with a gain of 0.29% or 0.05 points. The heightened volatility saw the trading volume jump to 1,65,679 shares. Company has a market cap of $413 M.

Gladstone Commercial Corporation is a real estate investment trust (REIT). The Company is engaged in investing and owning net leased industrial commercial and retail real properties and making long-term industrial and commercial mortgage loans. The Company’s principal investment objective is to generate income from rental properties and mortgage loans. The Company’s portfolio of real estate is leased to a section of tenants ranging from small businesses to large public companies. The Company owns approximately 96 properties. The Company conducts its activities including the ownership of its properties through Gladstone Commercial Limited Partnership (Operating Partnership). The Company’s business is managed by its external adviser Gladstone Management Corporation. Gladstone Administration LLC provides administrative services to the Company.

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