Vanguard Capital Management LLC Reports New 5.18% Passive Stake in Middlesex Water Co (MSEX)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G indicating a new substantial ownership stake in Middlesex Water Co (MSEX). As of the event date on March 31, 2026, the investment adviser reported beneficial ownership of 961,148 shares of common stock, representing 5.18% of the company's outstanding shares. This filing marks an increase from a previous 0% position, crossing the 5% regulatory threshold for disclosure. The reported holdings are managed across various Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. Of the total shares held, Vanguard exercises sole dispositive power over all 961,148 shares, while maintaining sole voting power over 133,195 shares. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Vanguard Capital Management is based in Malvern, Pennsylvania, and operates as an investment adviser.