BlackRock reports 12.9% stake in Universal Technical Institute (UTI)
Rhea-AI Filing Summary
BlackRock, Inc. amended a Schedule 13G to report beneficial ownership of 12.9% of Universal Technical Institute Inc. common stock, representing 7,106,625 shares.
The filing states BlackRock has sole voting power for 7,036,386 shares and sole dispositive power for 7,106,625 shares. The filing names iShares Core S&P Small-Cap ETF as an identified holder with an interest exceeding 5%. The amendment is signed by Spencer Fleming, Managing Director.
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Insights
BlackRock discloses a significant passive stake in UTI; voting and dispositive counts are specified.
BlackRock reports beneficial ownership of 7,106,625 shares of common stock, equal to 12.9%. The filing separates voting and dispositive powers: 7,036,386 shares with sole voting power and 7,106,625 shares with sole dispositive power. This reflects holdings aggregated across reporting business units.
Cash‑flow treatment or plans for these shares are not described in the excerpt; subsequent filings may disclose changes in holdings. Watch future ownership updates for material shifts in percent ownership or voting power.