Summary by Futu AI
The Vanguard Group has filed an amended Schedule 13G with the Securities and Exchange Commission, disclosing an 8.10% ownership stake in Snowflake Inc. as of September 30, 2024. The filing indicates that The Vanguard Group has shared voting power over 242,933 shares and sole dispositive power over 26,368,621 shares, with an aggregate amount beneficially owned at 27,154,056 shares. This amendment reflects a change in ownership that necessitated the filing under Rule 13d-1 of the Securities Exchange Act of 1934. The Vanguard Group, a Pennsylvania-based investment adviser, manages these shares on behalf of its clients, which include investment companies and other managed accounts. The address of Snowflake Inc.'s principal executive offices is listed as 106 E Babcock St Suite 3a, Bozeman, MT 59715.