Vanguard Capital Management Acquires 5.31% Passive Stake in Piedmont Realty Trust Inc (PDM)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.31% passive stake in Piedmont Realty Trust Inc (PDM). As of the event date on March 31, 2026, Vanguard Capital Management beneficially owns 6,649,513 shares of common stock. The filing indicates that the firm holds sole dispositive power over all 6,649,513 shares, while maintaining sole voting power over 1,000,640 shares. This position represents a significant increase from a previously reported 0.0% ownership, crossing the 5% disclosure threshold. The filing includes holdings by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. Vanguard certified that these shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Piedmont Realty Trust is an Atlanta-based real estate investment trust, and this investment by a major institutional asset manager reflects a notable addition to its shareholder base.