Advisors Capital Management LLC Has $1.32 Million Stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Advisors Capital Management LLC grew its position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 110.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 59,915 shares of the company’s stock after purchasing an additional 31,507 shares during the quarter. Advisors Capital Management LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,322,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. raised its position in Schwab 5-10 Year Corporate Bond ETF by 66.2% during the third 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 in the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 7.6% in the 4th quarter. Sanctuary Advisors LLC now owns 77,612 shares of the company’s stock valued at $1,728,000 after purchasing an additional 5,497 shares in the last quarter. Principal Securities Inc. increased its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 226.4% in the 4th quarter. Principal Securities Inc. now owns 7,240 shares of the company’s stock valued at $160,000 after purchasing an additional 5,022 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of 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 worth $6,795,000 after buying an additional 20,658 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 177.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,444 shares of the company’s stock worth $32,000 after buying an additional 924 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Trading Up 0.6 %

Schwab 5-10 Year Corporate Bond ETF stock opened at $21.99 on Tuesday. Schwab 5-10 Year Corporate Bond ETF has a 12-month low of $21.50 and a 12-month high of $23.21. The business’s 50-day moving average price is $22.29 and its two-hundred day moving average price is $22.33.

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.