Barrow Hanley Mewhinney & Strauss LLC established a new position in SLM Corporation during the second quarter. The investment firm acquired 6,520,274 shares of the student loan provider.
The transaction, disclosed on August 24, 2026, is valued at approximately $169.14 million. This acquisition gives Barrow Hanley a 3.47% ownership stake in the company.
Institutional ownership of SLM Corp currently stands at 98.94%. This purchase represents one of the most substantial new positions recently reported for the corporation.