Vanguard Group (NASDAQ: KRRO) discloses 5.19% Korro Bio ownership stake
Rhea-AI Filing Summary
The Vanguard Group has filed a Schedule 13G reporting a passive ownership stake in Korro Bio Inc. Vanguard reports beneficial ownership of 489,639 shares of Korro Bio common stock, representing 5.19% of the class as of the event date.
Vanguard lists shared voting power over 43,589 shares and shared dispositive power over 489,639 shares, with no sole voting or dispositive power. The filing states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Korro Bio.
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FAQ
What percentage of Korro Bio (KRRO) does The Vanguard Group report owning?
The Vanguard Group reports beneficial ownership of 5.19% of Korro Bio’s common stock. This stake, disclosed on Schedule 13G, reflects a passive holding rather than an activist position and is tied to 489,639 shares held for Vanguard’s clients.
Is Vanguard’s Korro Bio (KRRO) stake intended to influence control of the company?
The filing states the Korro Bio securities were acquired and are held in the ordinary course of business. Vanguard certifies they were not acquired and are not held for the purpose of changing or influencing control of Korro Bio or in connection with such a transaction.
Who ultimately benefits from The Vanguard Group’s Korro Bio (KRRO) holdings?
According to the disclosure, Vanguard’s clients have rights to dividends and sale proceeds from the Korro Bio shares. These clients include registered investment companies and other managed accounts, and no single other person’s interest exceeds 5% of the class.
What internal change at The Vanguard Group is mentioned in the Korro Bio (KRRO) filing?
The filing notes that on January 12, 2026, The Vanguard Group, Inc. underwent an internal realignment. Following this, certain subsidiaries or business divisions are expected to report beneficial ownership separately on a disaggregated basis while pursuing the same investment strategies as before.