Blue Trust Inc. Purchases 40,354 Shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Blue Trust Inc. boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 479.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 48,778 shares of the company’s stock after buying an additional 40,354 shares during the quarter. Blue Trust Inc.’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,077,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. PFG Investments LLC acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF in the fourth quarter valued at approximately $217,000. Andina Capital Management LLC lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 202.1% in the fourth quarter. Andina Capital Management LLC now owns 156,810 shares of the company’s stock valued at $3,461,000 after buying an additional 104,908 shares during the last quarter. Avior Wealth Management LLC lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 100.7% in the fourth quarter. Avior Wealth Management LLC now owns 73,030 shares of the company’s stock valued at $1,612,000 after buying an additional 36,651 shares during the last quarter. Mutual Advisors LLC lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 2.5% in the fourth quarter. Mutual Advisors LLC now owns 124,213 shares of the company’s stock valued at $2,740,000 after buying an additional 3,053 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 94.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 861,598 shares of the company’s stock valued at $19,015,000 after buying an additional 418,097 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Price Performance

SCHI opened at $22.23 on Wednesday. Schwab 5-10 Year Corporate Bond ETF has a 12-month low of $21.50 and a 12-month high of $23.21. The business has a 50 day moving average of $22.22 and a 200-day moving average of $22.52.

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.