Vanguard Capital Management LLC Reports 5.32% Passive Stake in SB Financial Group Inc (SBFG)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new passive ownership stake in SB Financial Group Inc (SBFG). As of the event date on March 31, 2026, the investment adviser beneficially owns 335,897 shares of Common Stock, representing 5.32% of the company's outstanding shares. The filing indicates that Vanguard holds sole dispositive power over all 335,897 shares, while maintaining sole voting power over 38,163 shares. The reported holdings include securities managed by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. This position was acquired in the ordinary course of business and is not intended to influence or change the control of the issuer. SB Financial Group Inc, headquartered in Defiance, Ohio, is the parent company of State Bank. This filing marks Vanguard's emergence as a significant institutional shareholder in the financial services firm.