Vanguard Group Inc. Sells 293,781 Shares of Equity Commonwealth (NYSE:EQC)

Vanguard Group Inc. trimmed its holdings in Equity Commonwealth (NYSE:EQC) by 1.8% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 16,194,679 shares of the real estate investment trust’s stock after selling 293,781 shares during the quarter. Vanguard Group Inc. owned about 15.14% of Equity Commonwealth worth $310,938,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Equity Commonwealth by 1.5% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 65,472 shares of the real estate investment trust’s stock worth $1,264,000 after acquiring an additional 960 shares during the period. Van ECK Associates Corp lifted its holdings in shares of Equity Commonwealth by 48.5% during the 4th quarter. Van ECK Associates Corp now owns 3,085 shares of the real estate investment trust’s stock valued at $59,000 after buying an additional 1,008 shares during the period. McGlone Suttner Wealth Management Inc. purchased a new position in shares of Equity Commonwealth in the 4th quarter worth $34,000. Worth Venture Partners LLC grew its holdings in shares of Equity Commonwealth by 11.1% in the fourth quarter. Worth Venture Partners LLC now owns 18,053 shares of the real estate investment trust’s stock worth $347,000 after acquiring an additional 1,800 shares during the period. Finally, Tectonic Advisors LLC increased its position in Equity Commonwealth by 4.6% during the fourth quarter. Tectonic Advisors LLC now owns 42,378 shares of the real estate investment trust’s stock valued at $814,000 after acquiring an additional 1,847 shares during the last quarter. Hedge funds and other institutional investors own 96.00% of the company’s stock.

Equity Commonwealth Stock Performance

EQC stock opened at $19.40 on Friday. The business’s 50-day moving average is $19.18 and its two-hundred day moving average is $19.05. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 24.56 and a beta of 0.27. Equity Commonwealth has a fifty-two week low of $17.93 and a fifty-two week high of $20.75.

Equity Commonwealth Company Profile

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's portfolio is comprised of four properties totaling 1.5 million square feet.