Vanguard Portfolio Management reports 3.33M shares of Independent Bank Corp (INDB)
Rhea-AI Filing Summary
Independent Bank Corp Schedule 13G: Vanguard Portfolio Management reports beneficial ownership of 3,333,919 shares (6.86%) of Common Stock as of 03/31/2026. The filing states Vanguard exercises sole dispositive power over these shares while holding sole voting power for 28,806 shares and discloses ownership on behalf of Vanguard funds and managed accounts.
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Insights
Vanguard is a >5% holder, reporting voting and dispositive roles for its funds.
Vanguard Portfolio Management discloses beneficial ownership of 3,333,919 shares representing 6.86% of Independent Bank Corp common stock as of 03/31/2026. The filing clarifies that dispositive authority is exercised across Vanguard funds and managed accounts.
This is a passive disclosure under Schedule 13G; subsequent filings could show changes in ownership or voting if Vanguard adjusts positions.
Disclosure highlights who holds decision power over dividends and sales.
The statement lists 28,806 shares with sole voting power and 3,333,919 shares with sole dispositive power, indicating voting influence is limited relative to disposition authority. The filing names affiliated entities that may exercise voting or dispositive power.
Stakeholders can watch future filings for any change from passive to active ownership status.