Schwab Trust Cuts Stake in NVIDIA Amid AI Infrastructure Push

NVIDIA Corporation ($NVDA), a leading computer hardware maker, saw its shares decrease by 4.6% in the second quarter according to Charles Schwab Trust Co's recent filing with the Securities and Exchange Commission.

The fund owned approximately 134,175 shares of NVIDIA stock after selling 6,434 shares during the quarter, making it the company's 19th largest position, accounting for about 1.5% of Charles Schwab Trust Co's holdings.

Charles Schwab Trust Co's holdings in NVIDIA were worth $26,847,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also modified their holdings of NVDA, with Lifetime Wealth Management P.C. acquiring a new position in NVIDIA during the fourth quarter worth approximately $26,000.

Longview Financial Advisors Inc. bought a new stake in NVIDIA in the first quarter valued at $27,000, while Longfellow Investment Management Co. LLC raised its stake in NVIDIA by 47.9% during the second quarter, now owning 207 shares of the company's stock valued at $33,000.

NVIDIA's proposed investment in Cloverleaf Infrastructure, a developer of U.S. data-center power and infrastructure, could help address the electricity bottleneck limiting AI capacity while strengthening NVIDIA’s role in projects that use its systems.