Vanguard Capital Management Acquires 5.36% Stake in LPL Financial Holdings Inc

Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new 5.36% stake in LPL Financial Holdings Inc (LPLA). As of the event date on March 31, 2026, the firm beneficially owns 4,300,570 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 4,300,570 shares, while maintaining sole voting power over 703,602 shares. This position represents a significant increase from a previous ownership level of 0.0%. The shares were acquired in the ordinary course of business and are not intended to influence or change the control of the issuer. The reporting entity includes several affiliates such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person's interest in these securities exceeds 5%. This filing establishes Vanguard as a major institutional shareholder in the San Diego-based financial services company.