BlackRock reports 10.1% stake in Orchid Island
BlackRock, Inc. filed Amendment No. 6 to a Schedule 13G reporting its beneficial ownership in Orchid Island Capital, Inc. common stock.
Rhea-AI Filing Summary
BlackRock, Inc. filed Amendment No. 6 to a Schedule 13G reporting its beneficial ownership in Orchid Island Capital, Inc. common stock. BlackRock reports beneficial ownership of 20,131,144 shares, representing 10.1% of the outstanding common stock.
BlackRock has sole voting power over 19,796,479 shares and sole dispositive power over 20,131,144 shares, with no shared voting or dispositive power. The filing explains that various underlying clients have rights to dividends and sale proceeds, but no single person holds more than 5% of Orchid Island Capital’s outstanding common shares.
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Key Figures
Key Terms
beneficially owned financial
Sole Voting Power financial
Sole Dispositive Power financial
Schedule 13G regulatory
parent holding company financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Orchid Island Capital (ORC) does BlackRock now report owning?
Do any individual BlackRock clients hold more than 5% of Orchid Island Capital (ORC)?
What type of filing did BlackRock submit regarding Orchid Island Capital (ORC)?
Who signed BlackRock’s Schedule 13G/A for Orchid Island Capital (ORC) and in what capacity?
AI-generated analysis. How Rhea-AI works. Not financial advice.