Charles Schwab Investment Management Inc. Has $578,000 Holdings in Tile Shop Holdings, Inc. (NASDAQ:TTSH)

Charles Schwab Investment Management Inc. grew its holdings in Tile Shop Holdings, Inc. (NASDAQ:TTSH) by 5.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 87,751 shares of the company’s stock after acquiring an additional 4,849 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.20% of Tile Shop worth $578,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Bank of New York Mellon Corp grew its position in shares of Tile Shop by 15.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 86,960 shares of the company’s stock valued at $603,000 after purchasing an additional 11,456 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of Tile Shop in the second quarter valued at approximately $157,000. Ritholtz Wealth Management increased its position in shares of Tile Shop by 15.5% during the second quarter. Ritholtz Wealth Management now owns 76,977 shares of the company’s stock worth $533,000 after acquiring an additional 10,312 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Tile Shop by 167.7% during the second quarter. American Century Companies Inc. now owns 216,325 shares of the company’s stock worth $1,499,000 after acquiring an additional 135,507 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in Tile Shop by 5.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,108,846 shares of the company’s stock valued at $7,684,000 after acquiring an additional 53,515 shares in the last quarter. Institutional investors and hedge funds own 36.66% of the company’s stock.

Tile Shop Trading Up 0.4 %

TTSH stock opened at $6.88 on Thursday. The stock has a 50-day moving average price of $6.67 and a two-hundred day moving average price of $6.60. Tile Shop Holdings, Inc. has a 1 year low of $5.68 and a 1 year high of $7.67. The stock has a market cap of $307.25 million, a PE ratio of 86.01 and a beta of 1.43.

Insider Buying and Selling

In other Tile Shop news, major shareholder Fund 1 Investments, Llc purchased 11,500 shares of the stock in a transaction on Wednesday, September 25th. The shares were purchased at an average cost of $6.55 per share, for a total transaction of $75,325.00. Following the purchase, the insider now owns 7,848,836 shares of the company’s stock, valued at approximately $51,409,875.80. This represents a 0.15 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders bought 97,100 shares of company stock worth $638,091. 36.60% of the stock is owned by corporate insiders.

About Tile Shop

Tile Shop Holdings, Inc operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. The company offers natural stone products, including marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and man-made products, comprises ceramic, porcelain, glass, cement, wood look, and metal and luxury vinyl tile.