Vanguard Capital Management Acquires 5.09% Stake in SLM Corp

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new ownership stake in SLM Corp (Common Stock). As of the event date on March 31, 2026, Vanguard Capital Management beneficially owns 10,093,938 shares, representing 5.09% of the company's total outstanding shares. This filing marks an increase from a previously reported 0% position, establishing Vanguard as a significant institutional shareholder. The filing indicates that Vanguard holds sole dispositive power over all 10,093,938 shares, while maintaining sole voting power over 1,530,115 shares. The reported holdings include securities managed by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The acquisition was made in the ordinary course of business, without the intent to change or influence the control of the issuer. This passive investment reflects Vanguard's standard portfolio management activities across its various investment companies and managed accounts.