Van ECK Associates Corp Grows Holdings in Simon Property Group, Inc. $SPG

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Van ECK Associates Corp increased its stake in Simon Property Group, Inc. (NYSE:SPG) by 9.0% during the third quarter, owning 181,703 shares valued at over $34 million. Other institutional investors also significantly increased their holdings. Simon Property Group recently announced a quarterly dividend of $2.20 per share and authorized a $2 billion stock buyback plan.

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