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Abacus FCF Advisors LLC Invests $11.07 Million in The Charles Schwab Corporation $SCHW
Abacus FCF Advisors LLC has initiated a new position in The Charles Schwab Corporation (NYSE:SCHW) by purchasing 110,770 shares valued at approximately $11.07 million. This investment comes as Charles Schwab reported strong Q1 results, exceeding EPS and revenue expectations, and also announced a quarterly dividend of $0.32 along with expanded cryptocurrency access for its brokerage accounts. Institutional ownership of SCHW stands at approximately 84.38%.