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 Marvell Technology Inc. As of December 29, 2023, The Vanguard Group reported an 8.37% ownership stake in Marvell Technology, with an aggregate amount of 72,342,284 shares beneficially owned. This includes shared voting power over 570,985 shares and sole dispositive power over 70,436,336 shares, with an additional 1,905,948 shares under shared dispositive power. The filing, made under Rule 13d-1(b), confirms that the shares were acquired in the ordinary course of business and not with the intent of changing or influencing the control of the issuer.