Rational Advisors Inc. Cuts Position in Schwab 5-10 Year Corporate Bond ETF $SCHI

Rational Advisors Inc. cut its stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 4.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 514,536 shares of the company’s stock after selling 26,144 shares during the quarter. Schwab 5-10 Year Corporate Bond ETF comprises about 1.2% of Rational Advisors Inc.’s portfolio, making the stock its 18th biggest position. Rational Advisors Inc.’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $11,819,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Captrust Financial Advisors increased its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 3.0% in the 3rd quarter. Captrust Financial Advisors now owns 7,464,403 shares of the company’s stock valued at $172,278,000 after acquiring an additional 220,599 shares during the period. Envestnet Asset Management Inc. grew its stake in Schwab 5-10 Year Corporate Bond ETF by 0.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 7,363,237 shares of the company’s stock worth $169,944,000 after buying an additional 26,940 shares during the last quarter. Raymond James Financial Inc. grew its stake in Schwab 5-10 Year Corporate Bond ETF by 3.9% during the 2nd quarter. Raymond James Financial Inc. now owns 2,481,036 shares of the company’s stock worth $56,468,000 after buying an additional 94,129 shares during the last quarter. Bouchey Financial Group Ltd grew its stake in Schwab 5-10 Year Corporate Bond ETF by 9.1% during the 4th quarter. Bouchey Financial Group Ltd now owns 1,427,118 shares of the company’s stock worth $32,781,000 after buying an additional 118,990 shares during the last quarter. Finally, Gunma Bank Ltd. grew its stake in Schwab 5-10 Year Corporate Bond ETF by 25.9% during the 3rd quarter. Gunma Bank Ltd. now owns 730,000 shares of the company’s stock worth $16,848,000 after buying an additional 150,000 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of SCHI stock opened at $22.59 on Wednesday. Schwab 5-10 Year Corporate Bond ETF has a 1-year low of $22.23 and a 1-year high of $23.28. The stock’s fifty day moving average price is $22.66 and its 200 day moving average price is $22.88.

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.