Mutual Advisors LLC Grows Position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Mutual Advisors LLC increased its holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 2.5% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 124,213 shares of the company’s stock after buying an additional 3,053 shares during the quarter. Mutual Advisors LLC owned about 0.08% of Schwab 5-10 Year Corporate Bond ETF worth $2,740,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. RiverFront Investment Group LLC grew its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 2.3% in the second quarter. RiverFront Investment Group LLC now owns 3,954,083 shares of the company’s stock worth $174,375,000 after acquiring an additional 90,191 shares during the period. Campbell Wealth Management bought a new stake in Schwab 5-10 Year Corporate Bond ETF in the 3rd quarter worth approximately $102,179,000. Raymond James & Associates grew its position in Schwab 5-10 Year Corporate Bond ETF by 14.4% in the 3rd quarter. Raymond James & Associates now owns 1,123,215 shares of the company’s stock worth $51,848,000 after purchasing an additional 141,270 shares during the period. San Luis Wealth Advisors LLC raised its stake in Schwab 5-10 Year Corporate Bond ETF by 135.4% during the 4th quarter. San Luis Wealth Advisors LLC now owns 1,043,209 shares of the company’s stock valued at $23,024,000 after buying an additional 600,055 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 94.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 861,598 shares of the company’s stock valued at $19,015,000 after buying an additional 418,097 shares during the period.

Schwab 5-10 Year Corporate Bond ETF Price Performance

Shares of SCHI opened at $22.08 on Friday. Schwab 5-10 Year Corporate Bond ETF has a one year low of $21.50 and a one year high of $23.21. The business has a fifty day moving average of $22.23 and a 200 day moving average of $22.52.

Schwab 5-10 Year Corporate Bond ETF 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.