Bank of New Hampshire Boosts Position in Schwab 5-10 Year Corporate Bond ETF $SCHI

Bank of New Hampshire grew its stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 37.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 339,304 shares of the company’s stock after purchasing an additional 92,015 shares during the quarter. Schwab 5-10 Year Corporate Bond ETF makes up about 1.6% of Bank of New Hampshire’s holdings, making the stock its 13th largest position. Bank of New Hampshire’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $7,275,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHI. Captrust Financial Advisors lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 5.0% during the fourth quarter. Captrust Financial Advisors now owns 7,834,234 shares of the company’s stock worth $179,952,000 after purchasing an additional 369,831 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 7,236,543 shares of the company’s stock valued at $163,835,000 after buying an additional 28,374 shares during the last quarter. Royal Bank of Canada increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 1.0% in the first quarter. Royal Bank of Canada now owns 1,097,916 shares of the company’s stock valued at $24,900,000 after buying an additional 11,129 shares during the last quarter. Citadel Advisors LLC increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 223.3% in the second quarter. Citadel Advisors LLC now owns 1,008,679 shares of the company’s stock valued at $22,836,000 after buying an additional 696,650 shares during the last quarter. Finally, L2 Asset Management LLC raised its stake in Schwab 5-10 Year Corporate Bond ETF by 0.5% during the fourth quarter. L2 Asset Management LLC now owns 654,632 shares of the company’s stock valued at $15,037,000 after buying an additional 3,539 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Trading Up 0.3%

NYSEARCA:SCHI traded up $0.06 during trading hours on Tuesday, reaching $21.42. 2,414,059 shares of the stock were exchanged, compared to its average volume of 2,794,026. The firm has a 50 day simple moving average of $22.01 and a 200-day simple moving average of $22.39. Schwab 5-10 Year Corporate Bond ETF has a 52 week low of $21.24 and a 52 week high of $23.28.

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.