Vanguard Capital Management Acquires 5.24% Stake in Mueller Industries Inc (MLI)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.24% ownership stake in Mueller Industries Inc (MLI). As of the event date on March 31, 2026, Vanguard beneficially owns 5,802,683 shares of common stock. The filing indicates that Vanguard holds sole dispositive power over all 5,802,683 shares, while maintaining sole voting power over 827,881 shares. This position was established in the ordinary course of business, with the filer certifying that the acquisition was not intended to influence or change 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. This filing marks a significant increase from a previous 0.0% ownership level, crossing the 5% threshold that triggers mandatory Schedule 13G reporting for institutional investment advisers. Mueller Industries is headquartered in Collierville, Tennessee, and the shares were valued at approximately $771.9 million at the time of the report.