BlackRock, Inc. Amends Schedule 13G/A for Designer Brands Inc

BlackRock, Inc. has filed an amendment to its Schedule 13G/A for Designer Brands Inc, reporting ownership of 2,660,397 shares, representing 6.4% of the company's common stock. The filing indicates that BlackRock has sole voting power over 2,602,134 shares and sole dispositive power over all 2,660,397 shares. The amendment reflects a decrease of 243,877 shares from the previous filing, representing an 8.4% reduction in shares owned. The value of the holdings has increased by 29.3% to $8,938,933.92. The filing also notes that various persons have the right to receive dividends or proceeds from the sale of the shares, but no single person's interest exceeds 5% of the total outstanding shares. The amendment was signed by Spencer Fleming, Managing Director of BlackRock, Inc.