Recent research highlights stock ownership as a significant contributor to the U.S. racial wealth gap. This study continues this discussion and further explores the relationship between direct and indirect stock holdings and the racial wealth gap, specifically focusing on Black and White households. Using data from the Survey of Consumer Finances from 1989-2022, this study utilizes an OLS regression to identify how black and white stock holdings individually impact the racial wealth gap. Despite data limitations, the findings align with expectations and reveal that white ownership of stock increases the U.S. racial wealth gap. Further, this study highlights the increasing significance of financial literacy in wealth-building experiences, as the results further support that stock ownership is a driver of the racial wealth gap.