Summary by Moomoo AI
The Vanguard Group has filed an amendment to its Schedule 13G, disclosing an 11.32% ownership stake in Lululemon Athletica Inc. as of September 30, 2024. The filing, made with the Securities and Exchange Commission, indicates that The Vanguard Group has shared voting power over 157,404 shares and sole dispositive power over 12,791,968 shares, with an additional shared dispositive power over 532,674 shares. This brings the aggregate amount beneficially owned by The Vanguard Group to 13,324,642 shares of Lululemon Athletica's common stock. The filing was made under Rule 13d-1(b) of the Securities Exchange Act of 1934, which is typically used by passive investors. The Vanguard Group, based in Pennsylvania, is an investment adviser and reports that its clients have the right to receive dividends or proceeds from the sale of the reported securities, with no single client's interest exceeding 5% of the class.