Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Reaches New 12-Month High at $46.61

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $46.61 and last traded at $46.61, with a volume of 118 shares traded. The stock had previously closed at $46.29.

Schwab 5-10 Year Corporate Bond ETF Trading Down 0.1 %

The company’s 50-day moving average is $45.29 and its 200-day moving average is $44.44.

Institutional Trading of Schwab 5-10 Year Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Focus Financial Network Inc. ADV bought a new stake in Schwab 5-10 Year Corporate Bond ETF during the 4th quarter worth about $1,167,000. EP Wealth Advisors LLC raised its position in shares of Schwab 5-10 Year Corporate Bond ETF by 99.1% in the 4th quarter. EP Wealth Advisors LLC now owns 5,956 shares of the company’s stock valued at $268,000 after acquiring an additional 2,964 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Schwab 5-10 Year Corporate Bond ETF by 22.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 160,676 shares of the company’s stock worth $7,148,000 after acquiring an additional 29,802 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 6.6% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 54,526 shares of the company’s stock valued at $2,450,000 after purchasing an additional 3,371 shares during the period. Finally, Sequoia Financial Advisors LLC increased its stake in Schwab 5-10 Year Corporate Bond ETF by 21.3% in the second quarter. Sequoia Financial Advisors LLC now owns 9,603 shares of the company’s stock valued at $423,000 after purchasing an additional 1,688 shares in the last quarter.

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.