Vanguard Capital Management reports 6.07M Dana Inc (NYSE: DAN) holdings
Rhea-AI Filing Summary
Vanguard Capital Management reported beneficial ownership of 6,067,964 shares of Dana Inc Common Stock, representing 5.53% of the class as of the filing. The filing states Vanguard has sole dispositive power over 6,067,964 shares and sole voting power for 862,113 shares.
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Insights
Vanguard holds a >5% stake in Dana, disclosed under beneficial-ownership rules.
The filing lists 6,067,964 shares and a 5.53% stake, indicating a reportable passive/aggregate holding threshold was crossed. This level commonly triggers disclosure requirements rather than signaling an active control change.
Subsequent filings may show position changes; timing and cash-flow treatment are not detailed in the excerpt.
Disclosure follows Schedule 13G format and attributes voting/dispositive powers.
The report specifies sole voting power 862,113 and sole dispositive power 6,067,964, and cites SEC Release No. 34-39538 in attributing holdings among Vanguard affiliates. The signature block shows a representative authorized the filing.
Filings of this type are routine for institutional managers once ownership exceeds 5%.