The Vanguard Group's Significant Stake in Entergy Corp.

Strategic Insights -

The Vanguard Group, a prominent investment advisory firm, has reportedly acquired a substantial share of Entergy Corp.'s common stock, as revealed in the Schedule 13G filing with the Securities and Exchange Commission. According to the document, on December 31, 2020, The Vanguard Group held 22,922,660 shares of Entergy Corp.'s common stock, representing 11.45% of the class.

Key Takeaways:

  • The Vanguard Group is one of the largest shareholders of Entergy Corp., holding a significant stake of 22,922,660 shares.
  • The investment advisory firm's stake in Entergy Corp. represents 11.45% of the class of common stock.
  • The Vanguard Group is subject to Rule 13d-1, an investment adviser in accordance with SS240.13d-1(b)(1)(ii)(E).
  • The firm's citizenship is Pennsylvania, and its principal business office is located at 100 Vanguard Blvd., Malvern, PA 19355.
  • Entergy Corp.'s principal executive offices are situated at 639 Loyola Avenue, New Orleans, Louisiana 70113.
  • The Vanguard Group's investment in Entergy Corp. is bound by securities regulations, ensuring transparency and adherence to reporting requirements.

Statistics:

  • 22,922,660 shares of Entergy Corp.'s common stock held by The Vanguard Group as of December 31, 2020.
  • 11.45% of the class of common stock represented by The Vanguard Group's stake in Entergy Corp.
  • 0 shares held with sole power to vote or direct the vote.
  • 449,043 shares held with shared power to vote or direct the vote.
  • 21,925,931 shares held with sole power to dispose of or direct the disposition of.
  • 996,729 shares held with shared power to dispose of or direct the disposition of.

Sources:

  • Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 6)
  • Item 1 - Name of issuer: Entergy Corp.
  • Item 2 - Name of Person Filing: The Vanguard Group - 23-1945930