Vanguard Group Inc's 13G/A Filing for Novanta Inc

The Vanguard Group Inc filed a Schedule 13G/A amendment for its holdings in Novanta Inc, reporting ownership of 4,378,888 shares, representing 12.17% of the company's common stock. The filing indicates that Vanguard has sole dispositive power over 4,087,308 shares and shared dispositive power over 291,580 shares. The shares are held on behalf of Vanguard's clients, including investment companies and managed accounts, with no single client owning more than 5% of the securities. The filing certifies that the shares were acquired and are held in the ordinary course of business, not for the purpose of influencing control of Novanta Inc.