Rhumbline Advisers Decreases Stake in American Assets Trust, Inc. (NYSE:AAT)

Rhumbline Advisors, a financial services firm based in New York City, has announced that it has decreased its stake in American Assets Trust, Inc. (NYSEAAT). The exact percentage of the stake that was reduced was not disclosed in the press release.

American Assets Trust is a real estate investment trust (REIT) that owns and operates commercial properties in the United States. The company's portfolio includes office buildings, retail centers, and industrial properties.

Rhumbline Advisors is an independent financial advisory firm that provides investment management services to institutional clients. The company has been a shareholder of American Assets Trust since 2016.

The decision by Rhumbline Advisors to reduce its stake in American Assets Trust may be due to a variety of factors, including changes in the company's financial performance or market conditions. It is important to note that this information is based on publicly available data and should not be construed as investment advice.