Morton Brown Family Wealth LLC Invests $345,000 in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Morton Brown Family Wealth LLC purchased a new stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,636 shares of the company’s stock, valued at approximately $345,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. B. Riley Wealth Advisors Inc. increased its stake in Schwab 5-10 Year Corporate Bond ETF by 66.2% in the third quarter. B. Riley Wealth Advisors Inc. now owns 141,304 shares of the company’s stock valued at $6,511,000 after acquiring an additional 56,276 shares during the period. JPMorgan Chase & Co. boosted its stake in Schwab 5-10 Year Corporate Bond ETF by 16.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 147,208 shares of the company’s stock valued at $6,795,000 after buying an additional 20,658 shares in the last quarter. Transform Wealth LLC grew its position in Schwab 5-10 Year Corporate Bond ETF by 91.9% in the fourth quarter. Transform Wealth LLC now owns 60,843 shares of the company’s stock valued at $1,343,000 after acquiring an additional 29,142 shares during the period. Koshinski Asset Management Inc. raised its stake in Schwab 5-10 Year Corporate Bond ETF by 16.4% during the fourth quarter. Koshinski Asset Management Inc. now owns 30,172 shares of the company’s stock worth $666,000 after acquiring an additional 4,242 shares in the last quarter. Finally, FC Advisory LLC lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 100.5% during the fourth quarter. FC Advisory LLC now owns 17,600 shares of the company’s stock valued at $388,000 after acquiring an additional 8,822 shares during the period.

Schwab 5-10 Year Corporate Bond ETF Stock Up 0.4 %

Shares of Schwab 5-10 Year Corporate Bond ETF stock opened at $22.27 on Tuesday. Schwab 5-10 Year Corporate Bond ETF has a 1-year low of $21.50 and a 1-year high of $23.21. The firm’s 50-day moving average price is $22.14 and its two-hundred day moving average price is $22.50.

About Schwab 5-10 Year Corporate Bond ETF

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.