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Annaly Capital Management Inc $NLY Shares Sold by GraniteShares Advisors LLC
GraniteShares Advisors LLC significantly reduced its stake in Annaly Capital Management Inc (NLY) during Q4, selling 30.2% of its shares. This comes alongside recent insider selling by Annaly’s COO and CFO, who collectively sold 44,761 shares in February. Despite this, Annaly has declared a quarterly dividend of $0.70, offering an annualized yield of 12.4%, and analysts generally maintain a “Moderate Buy” rating for the stock.