Advisory Services Network LLC increased its stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI – Free Report) by 10.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 344,537 shares of the company’s stock after buying an additional 32,796 shares during the quarter. Advisory Services Network LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $7,821,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHI. Moser Wealth Advisors LLC purchased a new stake in Schwab 5-10 Year Corporate Bond ETF in the 2nd quarter worth approximately $33,000. Hantz Financial Services Inc. acquired a new position in shares of Schwab 5-10 Year Corporate Bond ETF in the second quarter worth $36,000. Bank of Montreal Can raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 78.4% during the second quarter. Bank of Montreal Can now owns 1,570 shares of the company’s stock worth $36,000 after acquiring an additional 690 shares in the last quarter. Berkshire Money Management Inc. acquired a new stake in Schwab 5-10 Year Corporate Bond ETF during the second quarter valued at $39,000. Finally, SYM FINANCIAL Corp acquired a new stake in Schwab 5-10 Year Corporate Bond ETF during the second quarter valued at $42,000.
Schwab 5-10 Year Corporate Bond ETF Stock Down 0.3%
Shares of SCHI stock opened at $22.96 on Monday. Schwab 5-10 Year Corporate Bond ETF has a fifty-two week low of $21.59 and a fifty-two week high of $23.28. The stock’s 50-day moving average is $23.07 and its two-hundred day moving average is $22.86.
About Schwab 5-10 Year Corporate Bond ETF
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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Want to see what other hedge funds are holding SCHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI – Free Report).
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