Fifth Third Bancorp Raises Stock Holdings in Schwab 5-10 Year Corporate Bond ETF $SCHI

Fifth Third Bancorp increased its holdings in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 2,353.7% during the first quarter, HoldingsChannel.com reports. The fund owned 54,521 shares of the company’s stock after buying an additional 52,299 shares during the quarter. Fifth Third Bancorp’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,237,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Van Strum & Towne Inc. boosted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 43.3% in the 4th quarter. Van Strum & Towne Inc. now owns 495,353 shares of the company’s stock worth $11,378,000 after buying an additional 149,689 shares during the last quarter. AssuredPartners Investment Advisors LLC purchased a new stake in Schwab 5-10 Year Corporate Bond ETF during the fourth quarter worth about $4,720,000. Prairiewood Capital LLC increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 64.2% during the first quarter. Prairiewood Capital LLC now owns 209,984 shares of the company’s stock worth $4,762,000 after buying an additional 82,069 shares during the last quarter. Worth Asset Management LLC bought a new stake in Schwab 5-10 Year Corporate Bond ETF in the first quarter worth about $1,109,000. Finally, Corient Private Wealth LLC raised its position in Schwab 5-10 Year Corporate Bond ETF by 133.3% in the fourth quarter. Corient Private Wealth LLC now owns 60,556 shares of the company’s stock worth $1,391,000 after acquiring an additional 34,597 shares during the period.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

SCHI opened at $22.23 on Friday. Schwab 5-10 Year Corporate Bond ETF has a twelve month low of $22.20 and a twelve month high of $23.28. The company’s 50-day moving average price is $22.51 and its two-hundred day moving average price is $22.74.

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.