Vanguard Capital Management LLC Acquires 5.53% Stake in Hooker Furnishings Corp (HOFT)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.53% passive ownership stake in Hooker Furnishings Corp (HOFT). As of the event date on March 31, 2026, Vanguard beneficially owns 596,009 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 596,009 shares, while possessing sole voting power over 64,574 shares. This position was previously unreported (0.0%), marking a significant increase in the firm's holdings of the Virginia-based furniture manufacturer. The filing was made under Rule 13d-1(b), certifying that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The reported holdings include securities managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person's interest in these securities exceeds 5% of the total class.