Schwab 5-10 Year Corporate Bond ETF $SCHI Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 0.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,363,237 shares of the company’s stock after acquiring an additional 26,940 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $169,944,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Captrust Financial Advisors raised its position in Schwab 5-10 Year Corporate Bond ETF by 14.4% in the second quarter. Captrust Financial Advisors now owns 7,243,804 shares of the company’s stock valued at $164,869,000 after purchasing an additional 913,432 shares during the period. AlphaStar Capital Management LLC acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF in the second quarter valued at about $4,637,000. Van Strum & Towne Inc. raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 136.1% during the 3rd quarter. Van Strum & Towne Inc. now owns 345,664 shares of the company’s stock valued at $7,978,000 after buying an additional 199,266 shares during the period. Rational Advisors Inc. raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 43.3% during the 2nd quarter. Rational Advisors Inc. now owns 551,209 shares of the company’s stock valued at $12,546,000 after buying an additional 166,675 shares during the period. Finally, Flow Traders U.S. LLC lifted its position in Schwab 5-10 Year Corporate Bond ETF by 1,039.8% during the 2nd quarter. Flow Traders U.S. LLC now owns 165,144 shares of the company’s stock worth $3,759,000 after acquiring an additional 150,655 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Up 0.1%

Shares of NYSEARCA:SCHI opened at $23.00 on Friday. The company has a 50 day moving average of $23.00 and a two-hundred day moving average of $22.99. Schwab 5-10 Year Corporate Bond ETF has a 52-week low of $21.59 and a 52-week high of $23.28.

Schwab 5-10 Year Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were given a $0.1014 dividend. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Monday, February 2nd. This is an increase from Schwab 5-10 Year Corporate Bond ETF’s previous monthly dividend of $0.09.

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.