Vanguard Capital Management Establishes 5.55% Passive Stake in US Global Investors Inc (GROW)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G reporting a new 5.55% ownership stake in US Global Investors Inc (GROW). As of the event date on March 31, 2026, the filer beneficially owns 582,173 shares of common stock. This position represents a significant increase from a previously reported 0.0% stake, crossing the 5% disclosure threshold. According to the filing, Vanguard Capital Management exercises sole dispositive power over all 582,173 shares, while maintaining sole voting power over 65,092 shares. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The filing includes holdings by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person's interest in the reported securities exceeds 5%. This passive investment reflects Vanguard's expanded footprint in the San Antonio-based investment management firm.