Bank of New Hampshire Acquires 30,263 Shares of Schwab 5-10 Year Corporate Bond ETF $SCHI

Bank of New Hampshire increased its holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 17.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 203,521 shares of the company’s stock after acquiring an additional 30,263 shares during the period. Schwab 5-10 Year Corporate Bond ETF comprises about 1.1% of Bank of New Hampshire’s portfolio, making the stock its 24th largest holding. Bank of New Hampshire’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $4,675,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Brown Brothers Harriman & Co. purchased a new position in Schwab 5-10 Year Corporate Bond ETF during the 4th quarter valued at $28,000. Phillips Financial Management LLC purchased a new stake in shares of Schwab 5-10 Year Corporate Bond ETF in the 4th quarter worth about $28,000. Root Financial Partners LLC lifted 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 purchasing an additional 660 shares during the period. Triumph Capital Management bought a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter valued at about $41,000. Finally, Vermillion Wealth Management Inc. bought a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the 4th quarter valued at about $44,000.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of NYSEARCA SCHI opened at $22.59 on Friday. Schwab 5-10 Year Corporate Bond ETF has a 1 year low of $22.31 and a 1 year high of $23.28. The company’s 50-day moving average is $22.64 and its 200 day moving average is $22.84.

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.