Summary by Moomoo AI
The Vanguard Group has filed an amendment to its Schedule 13G with the Securities and Exchange Commission (SEC), indicating a significant ownership stake in American Airlines Group Inc. As of September 30, 2024, The Vanguard Group reported beneficial ownership of 62,031,563 shares of American Airlines' common stock, representing 9.49% of the class. This filing, required under Rule 13d-1 of the Securities Exchange Act of 1934, reflects changes in ownership that alter previous disclosures. The Vanguard Group, based in Pennsylvania, has shared voting power over 123,735 shares and sole dispositive power over 61,547,145 shares, with an additional shared dispositive power over 484,418 shares. The filing also notes that The Vanguard Group's clients, including registered investment companies and other managed accounts, have the right to receive dividends or proceeds from the sale of these securities.