Vanguard Capital Management Reports New 5.24% Passive Stake in La-Z-Boy Inc (LZB)
Vanguard Capital Management LLC filed a Schedule 13G on April 30, 2026, reporting a new 5.24% stake in La-Z-Boy Inc (LZB). As of the event date on March 31, 2026, Vanguard beneficially owns 2,145,818 shares of common stock. This filing represents an increase from a previous ownership position of 0%, crossing the 5% disclosure threshold. According to the filing, Vanguard Capital Management maintains sole dispositive power over all 2,145,818 shares, while holding sole voting power over 313,211 shares. The reporting person certifies that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The holdings include securities managed by various affiliates, including Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, and Vanguard Global Advisers, LLC. No other single person's interest in the reported securities exceeds 5% of the total shares outstanding.