ING Groep NV significantly increased its stake in The Charles Schwab Corporation by 888.4% during the third quarter, acquiring an additional 133,005 shares. This move is part of broader institutional investor activity, with several other major firms also adjusting their holdings in Charles Schwab. The company recently reported strong quarterly earnings, exceeding analyst expectations, and announced an increase in its quarterly dividend, signaling management’s confidence in its cash flow.
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ING Groep NV Boosts Stock Position in The Charles Schwab Corporation $SCHW
ING Groep NV significantly increased its stake in The Charles Schwab Corporation by 888.4% during the third quarter, acquiring an additional 133,005 shares. This move is part of broader institutional investor activity, with several other major firms also adjusting their holdings in Charles Schwab. The company recently reported strong quarterly earnings, exceeding analyst expectations, and announced an increase in its quarterly dividend, signaling management’s confidence in its cash flow.