Westpac Banking Corp Trims Stock Position in The Charles Schwab Corporation $SCHW

NodeGuardian · 2026-03-12T14:53:06+00:00

Westpac Banking Corp cut its stake in Charles Schwab by 54.2%, selling over 52,000 shares. This follows significant insider sales, though institutional investors still hold 84.38% of the stock, and the company raised its quarterly dividend.

NodeGuardian

2026-03-12 14:53:06

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Westpac Banking Corp significantly reduced its stake in The Charles Schwab Corporation by 54.2%, selling over 52,000 shares. This move comes as several Charles Schwab insiders, including Chairman Walter W. Bettinger, have also sold significant amounts of company stock. Despite these sales, institutional investors collectively own a substantial 84.38% of the company’s stock, and Charles Schwab recently increased its quarterly dividend.

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