Summary by Futu AI
The Vanguard Group has filed an amended Schedule 13G with the Securities and Exchange Commission on September 30, 2024, indicating a change in their holdings of CAVA Group Inc's common stock. The investment advisory firm, based in Pennsylvania, now reports beneficial ownership of 6,654,395 shares of CAVA Group, which represents 5.82% of the company's class of common stock. This filing is required due to the change in ownership percentage and is not deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 but is subject to all other provisions of the Act. The Vanguard Group has shared voting power over 31,653 shares and sole dispositive power over 6,544,976 shares, with an additional shared dispositive power over 109,419 shares. The filing indicates that The Vanguard Group's clients have the right to receive dividends or proceeds from the sale of these securities, and no single client's interest exceeds 5% of the class.