Vanguard Discloses 12.01% Stake in Advanced Energy Industries

TL;DR

**Vanguard still owns a big chunk of Advanced Energy Industries, showing continued institutional interest.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, disclosing its ownership in Advanced Energy Industries Inc. As of December 29, 2023, Vanguard beneficially owned 4,669,963 shares of Common Stock, representing 12.01% of the company. This is an update to their previous filing, indicating a slight adjustment in their passive investment stake. For investors, this shows that a significant institutional player maintains a substantial, albeit passive, interest in Advanced Energy Industries, which can be a sign of long-term confidence.

Why It Matters

This filing confirms Vanguard's continued significant, passive ownership in Advanced Energy Industries, signaling institutional confidence in the company's long-term prospects. It's important for investors to know who the major shareholders are, as large institutional holdings can influence stock stability.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive investor and does not indicate any immediate risk or change in company operations.

Analyst Insight

A smart investor would note Vanguard's continued significant stake as a sign of institutional confidence, but recognize this is a passive investment and doesn't signal any active management changes or immediate catalysts. It's a data point for long-term holders.

Key Numbers

• 4,669,963 — shares beneficially owned (The Vanguard Group's total beneficial ownership in Advanced Energy Industries Inc.)
• 12.01% — percentage of class (The Vanguard Group's ownership stake in Advanced Energy Industries Inc. Common Stock.)
• December 29, 2023 — date of event (The date that triggered the requirement for this Schedule 13G/A filing.)
• February 13, 2024 — filing date (The date this amended Schedule 13G/A was filed with the SEC.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and beneficial owner
• Advanced Energy Industries Inc (company) — issuer of the securities
• Paul Oldham (person) — contact person for Advanced Energy Industries Inc
• Pennsylvania (company) — place of organization for The Vanguard Group
• Delaware (company) — state of incorporation for Advanced Energy Industries Inc

Forward-Looking Statements

• Vanguard will maintain a significant, passive stake in Advanced Energy Industries Inc. for the foreseeable future. (The Vanguard Group) — high confidence, target: December 31, 2024

FAQ

Filing Documents

• tv0190-advancedenergyindustr.htm (SC 13G/A) — 11KB
• 0001104659-24-020183.txt ( ) — 13KB

(a) - Name of Issuer

Item 1(a) - Name of Issuer: Advanced Energy Industries Inc

(b) - Address of Issuer's Principal Executive Offices

Item 1(b) - Address of Issuer's Principal Executive Offices: 1595 Wynkoop Street, Suite 800 Denver, CO 80202

(a) - Name of Person Filing

Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930

(b) – Address of Principal Business Office or, if none, residence

Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355

(c) – Citizenship

Item 2(c) – Citizenship: Pennsylvania

(d) - Title of Class of Securities

Item 2(d) - Title of Class of Securities: Common Stock

(e) - CUSIP Number

Item 2(e) - CUSIP Number 007973100

- Type of Filing

Item 3 - Type of Filing: This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).

- Ownership

Item 4 - Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: (ii) shared power to vote or direct to vote: (iii) sole power to dispose of or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: Comments: The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.

- Ownership of Five Percent or Less of a Class

Item 5 - Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following

- Ownership of More Than Five Percent on Behalf of Another Person

Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%. Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable

- Identification and Classification of Members of Group

Item 8 - Identification and Classification of Members of Group: Not applicable

- Notice of Dissolution of Group

Item 9 - Notice of Dissolution of Group: Not applicable

- Certification

Item 10 - Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2024 By /s/ Ashley Grim Name: Ashley Grim Title: Head of Global Fund Administration

View Full Filing

View this SC 13G/A filing on SEC EDGAR