SCHEDULE: Visionary Wealth Advisors Discloses 6.6% Stake in Ultralife

Visionary Wealth Advisors has reported a 6.6% beneficial ownership stake in Ultralife Corp, holding 1,090,207 shares of common stock.

Summary

• Visionary Wealth Advisors, a Delaware-based investment adviser, has filed a Schedule 13G indicating beneficial ownership in ULTRALIFE CORP.
• The firm beneficially owns an aggregate of 1,090,207 shares of ULTRALIFE CORP Common Stock.
• This ownership represents 6.6% of the class of securities.
• Visionary Wealth Advisors holds sole voting power over 9,000 shares and shared dispositive power over 1,090,207 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It is a standard disclosure of beneficial ownership by an investment adviser and does not contain information that would significantly alter the perception of the company's operational or financial performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance from Ultralife Corp or Visionary Wealth Advisors regarding future performance or strategic direction.

Management Comments

• Ryan Barke, Chief Compliance Officer of Visionary Wealth Advisors, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of Ultralife Corp.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures by passive investors who acquire more than 5% of a company's stock. This filing indicates Visionary Wealth Advisors' significant, but passive, investment in Ultralife Corp, a company operating in the battery and power solutions industry. Such filings provide transparency into institutional holdings but typically do not signal active strategic involvement or a shift in industry trends.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming a passive investment approach.

Key Dates

Keywords

ULTRALIFE CORP, Visionary Wealth Advisors, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, SEC Filing