Summary by Moomoo AI
On December 29, 2023, The Vanguard Group filed an amended Schedule 13G/A with the SEC, indicating a change in their holdings of Luminar Technologies, Inc. Class A common stock. The filing, dated February 13, 2024, shows that The Vanguard Group now has shared voting power over 498,070 shares and sole dispositive power over 24,927,042 shares, with an additional shared dispositive power over 778,321 shares. This brings The Vanguard Group's aggregate beneficial ownership to 25,705,363 shares, representing 8.43% of the class. The filing asserts that the shares were acquired in the ordinary course of business and not with the purpose of changing or influencing the control of Luminar Technologies. The Vanguard Group, headquartered in Pennsylvania, is an investment adviser and reports that the securities are held for its clients, with no single client's interest exceeding 5% of the securities.