DecisionPoint Financial LLC Has $3.53 Million Stock Holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

DecisionPoint Financial LLC reduced its stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 0.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 78,462 shares of the company’s stock after selling 303 shares during the quarter. Schwab 5-10 Year Corporate Bond ETF accounts for 1.5% of DecisionPoint Financial LLC’s holdings, making the stock its 12th biggest holding. DecisionPoint Financial LLC owned approximately 0.07% of Schwab 5-10 Year Corporate Bond ETF worth $3,526,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its position in Schwab 5-10 Year Corporate Bond ETF by 55.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 5,101,055 shares of the company’s stock valued at $215,265,000 after purchasing an additional 1,826,354 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 1,242.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 416,072 shares of the company’s stock worth $17,558,000 after buying an additional 385,073 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 427.1% during the 2nd quarter. Jane Street Group LLC now owns 381,262 shares of the company’s stock worth $16,997,000 after buying an additional 308,925 shares during the last quarter. Bouchey Financial Group Ltd acquired a new stake in Schwab 5-10 Year Corporate Bond ETF in the fourth quarter valued at about $15,369,000. Finally, WestHill Financial Advisors Inc. grew its position in Schwab 5-10 Year Corporate Bond ETF by 2.4% in the third quarter. WestHill Financial Advisors Inc. now owns 237,259 shares of the company’s stock valued at $10,012,000 after acquiring an additional 5,672 shares during the last quarter.

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

Shares of NYSEARCA:SCHI traded up $0.25 during trading on Wednesday, hitting $43.36. 215,950 shares of the company were exchanged, compared to its average volume of 503,201. Schwab 5-10 Year Corporate Bond ETF has a 1-year low of $40.94 and a 1-year high of $45.19. The business’s 50 day moving average is $44.13 and its 200-day moving average is $43.64.

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.