First Trust Portfolios Reports 6.31% Stake in Ingredion Incorporated
On April 30, 2026, First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation filed a joint Schedule 13G regarding their holdings in Ingredion Incorporated (INGR). The filing reports a combined beneficial ownership of 3,972,425 shares of common stock, representing a 6.31% stake in the company. This represents a new significant position compared to the previous reporting period of 0.0%. The Charger Corporation acts as the General Partner for both First Trust Portfolios L.P. and First Trust Advisors L.P. The shares are primarily held through unit investment trusts (UITs) sponsored by First Trust Portfolios L.P., for which First Trust Advisors L.P. serves as portfolio supervisor. The reporting persons indicated shared dispositive power over all 3,972,425 shares, while shared voting power is held over 3,371,328 shares. The filing specifies that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. Each reporting person formally disclaims beneficial ownership of the shares identified.