Vident Advisory LLC Purchases Shares of 180,356 Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Vident Advisory LLC purchased a new stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 180,356 shares of the company’s stock, valued at approximately $3,980,000. Vident Advisory LLC owned approximately 0.12% of Schwab 5-10 Year Corporate Bond ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SCHI. Elevation Wealth Partners LLC increased its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 1,116 shares of the company’s stock valued at $25,000 after purchasing an additional 558 shares during the period. Archer Investment Corp boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% in the fourth quarter. Archer Investment Corp now owns 1,268 shares of the company’s stock valued at $28,000 after buying an additional 634 shares in the last quarter. MCF Advisors LLC boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% in the fourth quarter. MCF Advisors LLC now owns 1,356 shares of the company’s stock valued at $30,000 after buying an additional 678 shares in the last quarter. Gables Capital Management Inc. boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% in the fourth quarter. Gables Capital Management Inc. now owns 1,378 shares of the company’s stock valued at $30,000 after buying an additional 689 shares in the last quarter. Finally, SYM FINANCIAL Corp boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% in the fourth quarter. SYM FINANCIAL Corp now owns 1,380 shares of the company’s stock valued at $30,000 after buying an additional 690 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Schwab 5-10 Year Corporate Bond ETF stock opened at $22.28 on Wednesday. Schwab 5-10 Year Corporate Bond ETF has a 1-year low of $21.59 and a 1-year high of $23.21. The stock’s 50 day moving average price is $22.25 and its 200 day moving average price is $22.26.

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.