Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Reaches New 12-Month High at $45.45

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $45.45 and last traded at $45.34, with a volume of 41808 shares trading hands. The stock had previously closed at $45.41.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

The firm has a fifty day simple moving average of $44.41 and a two-hundred day simple moving average of $44.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Charles Schwab Investment Advisory Inc. raised its stake in Schwab 5-10 Year Corporate Bond ETF by 2.8% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 111,203,789 shares of the company’s stock valued at $4,947,457,000 after purchasing an additional 3,069,445 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Schwab 5-10 Year Corporate Bond ETF by 5.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,392,664 shares of the company’s stock valued at $242,346,000 after buying an additional 291,609 shares in the last quarter. RiverFront Investment Group LLC purchased a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the 1st quarter valued at about $171,904,000. Raymond James & Associates lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 27.9% in the 2nd quarter. Raymond James & Associates now owns 981,945 shares of the company’s stock valued at $43,304,000 after acquiring an additional 214,492 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its position in Schwab 5-10 Year Corporate Bond ETF by 8,656.6% in the first quarter. Janney Montgomery Scott LLC now owns 480,300 shares of the company’s stock worth $21,369,000 after acquiring an additional 474,815 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Company Profile

The Schwab 5-10 Year Corporate Bond ETF (SCHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of USD-denominated investment-grade corporate bonds with intermediate maturities of 5-10 years. SCHI was launched on Oct 10, 2019 and is managed by Charles Schwab.