Vanguard reports 8.85% stake in RingCentral stock
Vanguard Portfolio Management LLC, together with certain affiliated Vanguard entities, reports beneficial ownership of 6,562,347 shares of RingCentral Inc. common stock, representing 8.85% of the class.
Rhea-AI Filing Summary
Vanguard Portfolio Management LLC, together with certain affiliated Vanguard entities, reports beneficial ownership of 6,562,347 shares of RingCentral Inc. common stock, representing 8.85% of the class. Vanguard has sole voting power over 59,817 shares and sole dispositive power over all 6,562,347 shares, with no shared voting or dispositive power.
The filing explains that the reported holdings include securities held by Vanguard funds and managed accounts over which Vanguard or specified affiliates exercise dispositive and/or voting authority. No other single person’s interest in the reported securities exceeds 5% of the class.
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Key Figures
Key Terms
beneficially owned financial
sole dispositive power financial
sole voting power financial
percent of class financial
Investment Company Act of 1940 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Which entities are included in Vanguard Portfolio Management’s RingCentral (RNG) ownership report?
Do any other investors hold more than 5% of RingCentral (RNG) through Vanguard-managed accounts?
AI-generated analysis. How Rhea-AI works. Not financial advice.