Charles Schwab Investment Management Inc. Has $17.86 Million Holdings in The Baldwin Insurance Group, Inc. (NASDAQ:BRP)

Charles Schwab Investment Management Inc. raised its position in shares of The Baldwin Insurance Group, Inc. (NASDAQ:BRP - Free Report) by 2.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 546,975 shares of the company's stock after purchasing an additional 11,523 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.47% of The Baldwin Insurance Group worth $17,864,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of BRP. Diversified Trust Co raised its position in The Baldwin Insurance Group by 11.2% during the second quarter. Diversified Trust Co now owns 37,800 shares of the company's stock valued at $1,341,000 after buying an additional 3,800 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in shares of The Baldwin Insurance Group in the 2nd quarter valued at about $5,177,000. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of The Baldwin Insurance Group in the second quarter worth approximately $269,000. First Horizon Advisors Inc. lifted its position in shares of The Baldwin Insurance Group by 31.6% in the second quarter. First Horizon Advisors Inc. now owns 1,415 shares of the company's stock worth $50,000 after purchasing an additional 340 shares in the last quarter. Finally, Tributary Capital Management LLC boosted its holdings in shares of The Baldwin Insurance Group by 0.3% during the second quarter. Tributary Capital Management LLC now owns 474,977 shares of the company's stock worth $16,847,000 after purchasing an additional 1,394 shares during the period. Hedge funds and other institutional investors own 70.42% of the company's stock.

The Baldwin Insurance Group Stock Up 2.4 %

The Baldwin Insurance Group stock traded up $1.13 during trading hours on Friday, hitting $47.32. The company had a trading volume of 1,254,345 shares, compared to its average volume of 379,203. The Baldwin Insurance Group, Inc. has a fifty-two week low of $17.33 and a fifty-two week high of $33.03. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market capitalization of $5.56 billion, a P/E ratio of -51.43, a price-to-earnings-growth ratio of 0.91 and a beta of 1.54. The firm's fifty day moving average is $48.61 and its 200-day moving average is $43.20.

About The Baldwin Insurance Group

BRP Group, Inc operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. It operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions. The Insurance Advisory Solutions segment provides commercial risk management, employee benefits, and private risk management solutions for businesses and high-net-worth individuals, as well as their families.