Vanguard Amends AWWC Stake: Reports 0 Sole Voting Shares
Ticker: AMWD · Form: SC 13G/A · Filed: Feb 13, 2024 · CIK: 794619
| Field | Detail |
|---|---|
| Company | American Woodmark CORP (AMWD) |
| Form Type | SC 13G/A |
| Filed Date | Feb 13, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**Vanguard just updated its AWWC filing, now reporting zero sole voting power.**
AI Summary
The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, indicating a change in its beneficial ownership of American Woodmark Corp (AWWC) common stock as of December 29, 2023. While Vanguard still holds a significant stake, this amendment (Amendment No. 6) shows they now report 0 shares with sole voting power, suggesting a shift in how their holdings are categorized or managed. This matters to investors because Vanguard is a large institutional holder, and changes in their reported voting power could signal adjustments in their investment strategy or a rebalancing of their portfolio, potentially influencing market perception of AWWC.
Why It Matters
This filing shows a major institutional investor, The Vanguard Group, has adjusted its reported voting power in American Woodmark Corp, which could influence how other investors perceive the stock.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate or significant risk to the company or its shareholders.
Analyst Insight
Investors should monitor future filings from The Vanguard Group to see if this change in reported sole voting power reflects a broader shift in their investment strategy for American Woodmark Corp, or if it's merely a reclassification of their holdings. It's also wise to check the full filing for details on shared voting and dispositive power.
Key Numbers
- 0 — Sole Voting Power Shares (The Vanguard Group reported holding 0 shares with sole voting power in American Woodmark Corp.)
- 6 — Amendment Number (This is the sixth amendment to Vanguard's Schedule 13G filing for American Woodmark Corp.)
Key Players & Entities
- The Vanguard Group (company) — reporting person and institutional investor
- American Woodmark Corp (company) — subject company whose securities are being reported
- December 29, 2023 (date) — date of event requiring the filing
- February 13, 2024 (date) — date the SC 13G/A was filed
- 0 (dollar_amount) — number of shares with sole voting power reported by Vanguard
Forward-Looking Statements
- Vanguard's overall beneficial ownership percentage in American Woodmark Corp will remain relatively stable despite the change in reported sole voting power. (The Vanguard Group) — medium confidence, target: Next SC 13G/A filing
FAQ
Who filed this SC 13G/A amendment?
The Vanguard Group, a Pennsylvania-incorporated organization with IRS number 23-1945930, filed this SC 13G/A amendment.
What company's securities are the subject of this filing?
The subject company is American Woodmark Corp, with CIK 0000794619, which trades under the common stock title and CUSIP 030506109.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 29, 2023.
How many shares with sole voting power did The Vanguard Group report in this filing?
The Vanguard Group reported 0 shares with sole voting power for American Woodmark Corp in this Amendment No. 6 filing.
What rule under the Securities Exchange Act of 1934 is this Schedule 13G filed under?
This Schedule 13G is filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.
Filing Stats: 809 words · 3 min read · ~3 pages · Grade level 11.5 · Accepted 2024-02-13 16:58:48
Filing Documents
- tv0268-americanwoodmarkcorp.htm (SC 13G/A) — 11KB
- 0001104659-24-020265.txt ( ) — 13KB
(a) - Name of Issuer
Item 1(a) - Name of Issuer: American Woodmark Corp
(b) - Address of Issuer's Principal Executive Offices
Item 1(b) - Address of Issuer's Principal Executive Offices: 561 Shady Elm Road Winchester, VA 22602
(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 030506109
- 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