Vanguard Capital Management Acquires 5.36% Stake in Trex Co Inc

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.36% stake in Trex Co Inc (TREX). As of the event date on March 31, 2026, Vanguard beneficially owns 5,568,825 shares of Common Stock. This position represents a significant increase from a previous holding of zero shares, crossing the 5% ownership threshold that triggers a Schedule 13G filing for institutional investors. According to the filing, Vanguard Capital Management exercises sole dispositive power over all 5,568,825 shares, while holding sole voting power over 820,413 shares. The reported ownership includes securities held by various Vanguard affiliates and business divisions, such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The filing was made under Rule 13d-1(b), indicating that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. No other single person's interest in these securities is reported to exceed 5%.