Bouchey Financial Group Ltd Raises Holdings in Schwab 5-10 Year Corporate Bond ETF $SCHI

Bouchey Financial Group Ltd raised its stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 9.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,427,118 shares of the company’s stock after purchasing an additional 118,990 shares during the quarter. Schwab 5-10 Year Corporate Bond ETF accounts for about 2.5% of Bouchey Financial Group Ltd’s portfolio, making the stock its 13th largest position. Bouchey Financial Group Ltd’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $32,781,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Captrust Financial Advisors increased its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 3.0% during the third quarter. Captrust Financial Advisors now owns 7,464,403 shares of the company’s stock worth $172,278,000 after buying an additional 220,599 shares during the period. Envestnet Asset Management Inc. lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 0.4% in the third quarter. Envestnet Asset Management Inc. now owns 7,363,237 shares of the company’s stock worth $169,944,000 after acquiring an additional 26,940 shares during the last quarter. Raymond James Financial Inc. lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 3.9% in the second quarter. Raymond James Financial Inc. now owns 2,481,036 shares of the company’s stock worth $56,468,000 after acquiring an additional 94,129 shares during the last quarter. Gunma Bank Ltd. grew its holdings 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 acquiring an additional 150,000 shares in the last quarter. Finally, L2 Asset Management LLC grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 2.6% during the 2nd quarter. L2 Asset Management LLC now owns 651,801 shares of the company’s stock worth $14,835,000 after acquiring an additional 16,586 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Price Performance

Shares of NYSEARCA:SCHI opened at $22.68 on Friday. Schwab 5-10 Year Corporate Bond ETF has a 52 week low of $21.59 and a 52 week high of $23.28. The company’s 50 day moving average is $22.91 and its two-hundred day moving average is $23.00.

Schwab 5-10 Year Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were issued a $0.0936 dividend. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Monday, March 2nd.

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.