Vanguard Portfolio Management (LNN) reports 664,748-share, 6.35% stake
Rhea-AI Filing Summary
Lindsay Corp reported a Schedule 13G showing Vanguard Portfolio Management beneficially owns 664,748 shares of common stock, equal to 6.35% of the class. The filing states Vanguard Portfolio Management has sole dispositive power over 664,748 shares and sole voting power over 9,116 shares.
The filing attributes beneficial ownership to Vanguard Portfolio Management and affiliated investment vehicles and is signed by Ashley Grim, Head of Global Fund Administration.
Positive
- None.
Negative
- None.
Insights
Vanguard holds a visible 6.35% stake with dispositive control.
The filing shows 664,748 shares beneficially owned with sole dispositive power and limited sole voting power of 9,116 shares. This pattern is typical for asset managers that control trading decisions across pooled vehicles.
Watch subsequent filings for changes in the percentage or voting power; timing of any trading activity is not provided in the excerpt.