Vanguard Capital Management Establishes 5.25% Passive Stake in Granite Construction Inc (GVA)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.25% passive ownership stake in Granite Construction Inc (GVA). As of the event date on March 31, 2026, the investment adviser beneficially owns 2,286,883 shares of common stock. According to the filing, Vanguard Capital Management holds sole dispositive power over all 2,286,883 shares and sole voting power over 333,973 shares. This position includes holdings across various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The filing was made under Rule 13d-1(b), indicating that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing control of the issuer. This represents a significant increase from a previous reported position of 0.0%, establishing Vanguard as a major institutional shareholder in the Watsonville, California-based construction company.