Vanguard Capital Management Reports New 5.14% Passive Stake in Independent Bank Corp/MI (IBCP)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G disclosing a new 5.14% ownership stake in Independent Bank Corp/MI (IBCP). As of the event date on March 31, 2026, Vanguard reported beneficial ownership of 1,058,810 shares of common stock. According to the filing, the investment firm holds sole dispositive power over the entire 1,058,810 shares, while maintaining sole voting power over 153,610 shares. This position was previously reported as 0.0%, marking a significant new entry into the issuer's equity. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The reported holdings include positions managed by various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person's interest in these securities exceeds 5% of the total class.