Vanguard reports 7.1% stake in Covista Inc
Covista Inc reports that Vanguard Portfolio Management holds 2,451,249 shares of Common Stock, representing 7.1% of the class.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Covista Inc reports that Vanguard Portfolio Management holds 2,451,249 shares of Common Stock, representing 7.1% of the class. The filing shows Vanguard has sole dispositive power over 2,451,249 shares and sole voting power over 29,643 shares. The disclosure identifies the reporting chain of Vanguard Portfolio Management LLC and affiliated voting/dispositive arrangements.
Insights
Large passive stake disclosed by Vanguard Portfolio Management.
The Schedule 13G records a 2,451,249-share holding, equal to 7.1% of Covista Inc's common stock, reported under affiliation rules covering Vanguard Portfolio Management LLC and specified affiliates. The filing lists voting and dispositive powers: 29,643 shares sole voting power and 2,451,249 sole dispositive power.
Such 13G filings typically reflect passive, investment-manager holdings; subsequent filings could show changes in percent ownership or voting arrangements if activity occurs. Timing and cash‑flow treatment are not provided in the excerpt.
Key Figures
Key Terms
Schedule 13G regulatory
Sole dispositive power financial
Beneficial ownership regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Vanguard Portfolio Management report in ATGE (Covista Inc)?
Is this Schedule 13G indicative of an active takeover or passive holding?
Who signed the filing on behalf of Vanguard Portfolio Management?
AI-generated analysis. How Rhea-AI works. Not financial advice.