Vanguard Capital Management Reports New 5.28% Stake in Heritage Global Inc

Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new 5.28% stake in Heritage Global Inc (HGBL). As of the event date on March 31, 2026, Vanguard beneficially owns 1,834,364 shares of common stock. This filing represents an increase from a previous 0.0% position, crossing the 5% ownership threshold. The reporting person, an investment adviser based in Malvern, PA, holds sole dispositive power over all 1,834,364 shares, while maintaining sole voting power over 176,817 shares. The filing includes holdings by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. In accordance with Rule 13d-1(b), Vanguard certified that these securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. No other single person's interest in the reported securities exceeds 5% of the total shares outstanding.