BlackRock (UMH: UMH) discloses 8.24M-share, 9.7% holding in UMH Properties

BlackRock, Inc. has filed an amended Schedule 13G, disclosing a 9.7% beneficial ownership stake in UMH Properties Inc., totaling 8,237,593 shares. The filing indicates BlackRock holds sole voting power over 8,007,473 shares and sole dispositive power over 8,237,593 shares. While various underlying clients have rights to dividends or sale proceeds, no single client owns more than five percent of UMH's outstanding common shares.