Vanguard Portfolio Management (MYRG) discloses 5.43% beneficial stake in MYR Group
Rhea-AI Filing Summary
Vanguard Portfolio Management LLC filed a Schedule 13G reporting a significant ownership position in MYR Group Inc common stock. Vanguard and certain affiliated entities beneficially own 846,723 shares, representing 5.43% of the outstanding common stock.
The filing states Vanguard has sole voting power over 14,821 shares and sole dispositive power over 846,723 shares, with no shared voting or dispositive power. The holdings include shares held by Vanguard funds and managed accounts for which Vanguard entities exercise voting and/or dispositive authority.
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Key Figures
Beneficial ownership: 846,723 shares
Percent of class: 5.43%
Sole voting power: 14,821 shares
+2 more
5 metrics
Beneficial ownership
846,723 shares
Amount of MYR Group Inc common stock beneficially owned by Vanguard Portfolio Management
Percent of class
5.43%
Portion of MYR Group Inc common stock class beneficially owned
Sole voting power
14,821 shares
Shares over which Vanguard Portfolio Management has sole power to vote
Sole dispositive power
846,723 shares
Shares over which Vanguard Portfolio Management has sole power to dispose
CUSIP
55405W104
CUSIP for MYR Group Inc common stock reported in the Schedule 13G
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 14,821.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 846,723.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"In accordance with SEC Release No. 34-39538 (January 12, 1998), this reflects the securities"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
percent of class financial
"(b) | Percent of class: 5.43 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of MYR Group Inc (MYRG) does Vanguard Portfolio Management report owning?
Vanguard Portfolio Management reports beneficial ownership of 5.43% of MYR Group Inc common stock. This represents 846,723 shares held across Vanguard funds and managed accounts over which Vanguard entities have voting and/or dispositive authority.
Who filed the Schedule 13G for MYR Group Inc (MYRG) and in what capacity?
The Schedule 13G was filed by Vanguard Portfolio Management LLC. It was signed by My Trieu-Gatt as an Authorized Signatory, Head of Global Fund Administration, on behalf of Vanguard Portfolio Management.
What type of MYR Group Inc (MYRG) security is covered in Vanguard’s Schedule 13G?
The Schedule 13G covers Common Stock of MYR Group Inc with CUSIP 55405W104. Vanguard’s reported position reflects shares of this common stock class held across its funds and managed accounts.