Schwab 5-10 Year Corporate Bond ETF $SCHI Stock: Charles Schwab Trust Co Decreases Stake

Charles Schwab Trust Co lowered its holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 29.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 367,379 shares of the company’s stock after selling 153,101 shares during the quarter. Charles Schwab Trust Co’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $7,877,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Prairiewood Capital LLC grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 64.2% in the first quarter. Prairiewood Capital LLC now owns 209,984 shares of the company’s stock worth $4,762,000 after purchasing an additional 82,069 shares during the last quarter. Worth Asset Management LLC purchased a new position in Schwab 5-10 Year Corporate Bond ETF during the 1st quarter worth $1,109,000. Corient Private Wealth LLC grew its stake in Schwab 5-10 Year Corporate Bond ETF by 133.3% during the 4th quarter. Corient Private Wealth LLC now owns 60,556 shares of the company’s stock worth $1,391,000 after buying an additional 34,597 shares during the last quarter. RCS Financial Planning LLC purchased a new position in Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter worth $4,052,000. Finally, Envestnet Asset Management Inc. grew its stake in Schwab 5-10 Year Corporate Bond ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,236,543 shares of the company’s stock worth $163,835,000 after buying an additional 28,374 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Price Performance

Shares of SCHI stock traded up $0.12 during trading hours on Thursday, reaching $21.62. 1,363,100 shares of the company’s stock were exchanged, compared to its average volume of 2,812,242. Schwab 5-10 Year Corporate Bond ETF has a 1 year low of $21.24 and a 1 year high of $23.28. The stock’s fifty day moving average price is $21.90 and its two-hundred day moving average price is $22.33.

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.