Shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI – Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $22.30 and last traded at $22.30, with a volume of 277400 shares. The stock had previously closed at $22.34.
Schwab 5-10 Year Corporate Bond ETF Stock Down 0.1%
The business has a fifty day moving average of $22.53 and a two-hundred day moving average of $22.76.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in SCHI. PFG Investments LLC grew its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 5.6% during the 4th quarter. PFG Investments LLC now owns 10,110 shares of the company’s stock valued at $232,000 after buying an additional 535 shares during the period. Brookstone Capital Management raised its position in shares of Schwab 5-10 Year Corporate Bond ETF by 2.5% in the 4th quarter. Brookstone Capital Management now owns 22,185 shares of the company’s stock worth $510,000 after buying an additional 537 shares during the period. Root Financial Partners LLC raised its position in shares of Schwab 5-10 Year Corporate Bond ETF by 110.6% in the 4th quarter. Root Financial Partners LLC now owns 1,257 shares of the company’s stock worth $29,000 after buying an additional 660 shares during the period. Asset Allocation Strategies LLC boosted its holdings in Schwab 5-10 Year Corporate Bond ETF by 3.7% in the first quarter. Asset Allocation Strategies LLC now owns 19,862 shares of the company’s stock valued at $450,000 after acquiring an additional 713 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in Schwab 5-10 Year Corporate Bond ETF by 5.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 13,292 shares of the company’s stock valued at $305,000 after acquiring an additional 726 shares during the last quarter.
Schwab 5-10 Year Corporate Bond ETF Company 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.
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