Vanguard Capital Management Acquires 5.31% Stake in Independent Bank Corp (INDB)
Vanguard Capital Management LLC has filed a Schedule 13G regarding its holdings in Independent Bank Corp (INDB). As of March 31, 2026, the firm reported beneficial ownership of 2,579,579 shares of common stock, representing a 5.31% stake in the company. This filing marks a new position or an increase above the 5% disclosure threshold, as the previous ownership percentage was reported as 0.0%. The filing indicates that Vanguard Capital Management exercises sole dispositive power over all 2,579,579 shares, while holding sole voting power over 378,734 shares. The securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. The reported holdings include positions managed by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person's interest in these securities exceeds 5%. The filing was signed by Ashley Grim, Head of Global Fund Administration, on April 30, 2026.