The Charles Schwab Corporation (SCHW)

18.01612
Shares Owned
$714.08
Cost Basis
-$53.07 (-7.43%)
Total Gain/Loss
$2.30
Earned Dividends
Company Overview

The Charles Schwab Corporation is an American multinational financial services company founded and based in San Francisco, California. Headquartered in Financial District, San Francisco, Charles Schwab is the 14th largest banking institution in the United States with over US$3.3 trillion in client assets (as of 2019). It is the third largest asset manager in the country, behind BlackRock and Vanguard. The company offers commercial banking, stock brokerage, and wealth management advisory services to both retail and institutional clients. Their total national footprint includes 345 branches, primarily in the United States and Britain. In 2020, the bank announced their intention to move to Texas in conjunction with their large-scale mergers with and acquisitions of USAA (for $1.8 billion) and TD Ameritrade (for $26 billion), respectively. Wikipedia

Why Charles Schwab?

Was an up and coming bank/investment firm. Became the leader in the market by taking steps that other banks were to scared to do. First one to cut commissions and ultimately changed the entire landscape of investing cheaply.

Change Log

Dividend = $3.24

May 22, 2020

Invested = $323.34 ; Purchased = 9.27804 shares @ $34.85

March 6, 2020

Dividend = $1.57

February 28, 2020

Invested = $204.05 ; Purchased = 4.27688 shares @ $47.71

January 2, 2020

Invested = $6.47 ; Purchased = 0.13201 shares @ $49.01

December 4, 2019

Dividend = $0.73

November 22, 2019

Invested = $2.79 ; Purchased = 0.06329 shares @ $44.08

November 15, 2019

Invested = $35.21 ; Purchased = 0.88936 shares @ $39.59

October 15, 2019

Invested = $142.22 ; Purchased = 3.37654 shares @ $42.12

September 23, 2019

*New Position Started*