Schwab 5-10 Year Corporate Bond ETF $SCHI is Andina Capital Management LLC’s 9th Largest Position

Andina Capital Management LLC trimmed its holdings in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 20.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 107,602 shares of the company’s stock after selling 27,164 shares during the quarter. Schwab 5-10 Year Corporate Bond ETF accounts for approximately 2.2% of Andina Capital Management LLC’s holdings, making the stock its 9th biggest holding. Andina Capital Management LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $2,440,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SCHI. Captrust Financial Advisors grew its position in Schwab 5-10 Year Corporate Bond ETF by 14.4% in the second quarter. Captrust Financial Advisors now owns 7,243,804 shares of the company’s stock worth $164,869,000 after acquiring an additional 913,432 shares in the last quarter. Financial Engines Advisors L.L.C. purchased a new position in shares of Schwab 5-10 Year Corporate Bond ETF in the 3rd quarter worth approximately $12,319,000. Caitlin John LLC purchased a new position in shares of Schwab 5-10 Year Corporate Bond ETF in the 4th quarter worth approximately $5,732,000. Blair William & Co. IL increased its position in shares of Schwab 5-10 Year Corporate Bond ETF by 161.9% during the 3rd quarter. Blair William & Co. IL now owns 353,955 shares of the company’s stock valued at $8,169,000 after purchasing an additional 218,781 shares during the last quarter. Finally, AssuredPartners Investment Advisors LLC purchased a new stake in Schwab 5-10 Year Corporate Bond ETF during the 4th quarter valued at $4,720,000.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of SCHI opened at $22.58 on Wednesday. The business has a fifty day moving average of $22.63 and a 200 day moving average of $22.83. Schwab 5-10 Year Corporate Bond ETF has a 52-week low of $22.31 and a 52-week high of $23.28.

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.