share_log

General Motors | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-The Vanguard Group(8.15%)

SEC announcement ·  Feb 13 18:09
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 change in their holdings of General Motors Co. common stock. As of December 29, 2023, The Vanguard Group reported an 8.15% ownership stake in General Motors, with an aggregate amount of 111,623,432 shares beneficially owned. This includes shared voting power over 1,710,488 shares and sole dispositive power over 105,995,331 shares, with an additional shared dispositive power over 5,628,101 shares. The filing was made in accordance with Rule 13d-1(b) under the Securities Exchange Act of 1934, and it represents a routine update by the investment adviser, which manages funds for clients including registered investment companies and other managed accounts. The Vanguard Group, headquartered in Pennsylvania, has confirmed that the acquisition of these shares is part of the ordinary course of business and not intended to change or influence the control of General Motors.
The Vanguard Group has filed an amended Schedule 13G/A with the Securities and Exchange Commission on February 13, 2024, indicating a change in their holdings of General Motors Co. common stock. As of December 29, 2023, The Vanguard Group reported an 8.15% ownership stake in General Motors, with an aggregate amount of 111,623,432 shares beneficially owned. This includes shared voting power over 1,710,488 shares and sole dispositive power over 105,995,331 shares, with an additional shared dispositive power over 5,628,101 shares. The filing was made in accordance with Rule 13d-1(b) under the Securities Exchange Act of 1934, and it represents a routine update by the investment adviser, which manages funds for clients including registered investment companies and other managed accounts. The Vanguard Group, headquartered in Pennsylvania, has confirmed that the acquisition of these shares is part of the ordinary course of business and not intended to change or influence the control of General Motors.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more