Arrowroot Family Office LLC Grows Holdings in Schwab 5-10 Year Corporate Bond ETF $SCHI

Arrowroot Family Office LLC raised its position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 31.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 147,706 shares of the company’s stock after purchasing an additional 35,674 shares during the period. Schwab 5-10 Year Corporate Bond ETF comprises about 1.2% of Arrowroot Family Office LLC’s investment portfolio, making the stock its 23rd largest position. Arrowroot Family Office LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $3,393,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Phillips Financial Management LLC purchased a new position in Schwab 5-10 Year Corporate Bond ETF in the 4th quarter valued at about $28,000. Root Financial Partners LLC lifted its holdings in 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 valued at $29,000 after purchasing an additional 660 shares in the last quarter. Triumph Capital Management purchased a new position in Schwab 5-10 Year Corporate Bond ETF in the 3rd quarter valued at about $41,000. Principia Wealth Advisory LLC lifted its holdings in Schwab 5-10 Year Corporate Bond ETF by 1,254.2% in the 4th quarter. Principia Wealth Advisory LLC now owns 1,923 shares of the company’s stock valued at $44,000 after purchasing an additional 1,781 shares in the last quarter. Finally, Vermillion Wealth Management Inc. purchased a new position in Schwab 5-10 Year Corporate Bond ETF in the 4th quarter valued at about $44,000.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

NYSEARCA:SCHI opened at $22.45 on Friday. The company’s 50-day moving average is $22.65 and its two-hundred day moving average is $22.87. Schwab 5-10 Year Corporate Bond ETF has a 12-month low of $22.23 and a 12-month high of $23.28.

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.