Vanguard Capital Management Acquires 5.11% Passive Stake in National Health Investors Inc (NHI)

Vanguard Capital Management LLC has filed a Schedule 13G reporting a new 5.11% stake in National Health Investors Inc (NHI). As of the event date on March 31, 2026, Vanguard beneficially owns 2,475,671 shares of Common Stock. This position represents a significant increase from a previously reported 0.0% ownership, crossing the 5% regulatory threshold. According to the filing, Vanguard Capital Management exercises sole dispositive power over all 2,475,671 shares, while holding sole voting power over 391,051 shares. The filing includes shares managed by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. 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 total value of the holdings is estimated at approximately $189.9 million based on the filing date. This passive investment reflects Vanguard's standard institutional asset management activities across its registered investment companies and managed accounts.