Summary by Moomoo AI
The Vanguard Group has filed an amended Schedule 13G/A with the Securities and Exchange Commission on February 13, 2024, indicating a significant ownership stake in Wolfspeed Inc. According to the filing, The Vanguard Group now owns 12,629,335 shares of Wolfspeed's common stock, which represents 10.08% of the company's class of securities. This position includes shared voting power over 43,648 shares and sole dispositive power over 12,454,644 shares, with an additional shared dispositive power over 174,691 shares. The filing, dated December 29, 2023, confirms that The Vanguard Group's investment is held in the ordinary course of business and not with the intent of changing or influencing the control of Wolfspeed Inc.