Adams Wealth Management Buys 47,599 Shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Adams Wealth Management lifted its stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 162.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 76,853 shares of the company’s stock after buying an additional 47,599 shares during the period. Adams Wealth Management’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,696,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SCHI. FMR LLC increased its position in Schwab 5-10 Year Corporate Bond ETF by 53.7% during the third quarter. FMR LLC now owns 8,675 shares of the company’s stock valued at $400,000 after acquiring an additional 3,032 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 66.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 141,304 shares of the company’s stock valued at $6,511,000 after purchasing an additional 56,276 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 16.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 147,208 shares of the company’s stock valued at $6,795,000 after purchasing an additional 20,658 shares during the last quarter. Bank of New Hampshire raised its position in Schwab 5-10 Year Corporate Bond ETF by 114.4% in the 4th quarter. Bank of New Hampshire now owns 102,133 shares of the company’s stock worth $2,254,000 after purchasing an additional 54,496 shares during the period. Finally, FC Advisory LLC lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 100.5% in the fourth quarter. FC Advisory LLC now owns 17,600 shares of the company’s stock worth $388,000 after purchasing an additional 8,822 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Up 0.1 %

SCHI opened at $22.18 on Friday. The stock’s 50 day moving average price is $22.29 and its 200-day moving average price is $22.33. Schwab 5-10 Year Corporate Bond ETF has a one year low of $21.51 and a one year high of $23.21.

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.