[SCHEDULE 13G/A] Belden Inc. SEC Filing

Rhea-AI Filing Summary

The Vanguard Group filed Amendment No. 6 to Schedule 13G reporting its passive ownership in Altice USA Inc. (ATUS) as of 30 Jun 2025. Vanguard beneficially owns 26,753,670 Class A shares, representing 9.43 % of the outstanding common stock.

The firm has no sole voting power; shared voting authority covers 184,531 shares. It retains sole dispositive power over 26.32 million shares and shared dispositive power over 433,952 shares. Filed under Rule 13d-1(b) as an investment adviser, the stake is held in the ordinary course for client accounts, with no intent to influence control. The filing is certified by Ashley Grim, Head of Global Fund Administration, on 29 Jul 2025.

Positive

• Vanguard’s 26.75 M-share, 9.43 % stake maintains strong institutional support and liquidity for ATUS stock.

Negative

• Zero sole voting power means Vanguard cannot independently influence Altice USA’s governance despite its large economic position.

Insights

Equity Analyst

TL;DR: Vanguard still owns 9.43 % of ATUS; passive filing, limited governance influence, neutral share-price impact.

The filing confirms Vanguard’s sizeable but routine position in Altice USA. Because sole voting power is zero and the form is 13G (not 13D), the group is acting passively on behalf of index and active funds, signalling neither activism nor strategic intent. While continued institutional ownership can support liquidity and possibly sentiment, there is no new catalyst or change in control dynamics. Overall, the disclosure is informational with limited immediate valuation implications.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 14)

Belden Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

077454106

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 077454106

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 47,541.00
7	Sole Dispositive Power 4,702,745.00
8	Shared Dispositive Power 96,993.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,799,738.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.15 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Belden Inc
(b)	Address of issuer's principal executive offices: 1 North Brentwood Blvd, 15th Floor, Saint Louis, MO, 63105
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd., Malvern, PA 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 077454106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4799738
(b)	Percent of class: 12.15 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 47541
	(iii) Sole power to dispose or to direct the disposition of: 4702745
	(iv) Shared power to dispose or to direct the disposition of: 96993
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	07/29/2025

FAQ

How many Altice USA (ATUS) shares does Vanguard own?

26,753,670 Class A common shares as of 30 Jun 2025.

What percentage of ATUS outstanding shares does this represent?

Vanguard’s stake equals 9.43 % of the class.

Does Vanguard have voting control over its ATUS shares?

It reports 0 sole voting power and 184,531 shared votes, indicating minimal voting influence.

Is Vanguard’s filing activist or passive?

The Schedule 13G is filed under Rule 13d-1(b) for passive investment advisers holding shares in the ordinary course.

When was the Schedule 13G/A signed?

The certification was signed on 29 Jul 2025 by Ashley Grim.