Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) saw strong trading volume on Thursday . 2,444,069 shares changed hands during trading, an increase of 163% from the previous session’s volume of 928,460 shares.The stock last traded at $22.56 and had previously closed at $22.57.

Schwab 5-10 Year Corporate Bond ETF Stock Down 0.0 %

The company’s fifty day moving average is $22.57 and its two-hundred day moving average is $22.49.

Institutional Investors Weigh In On Schwab 5-10 Year Corporate Bond ETF

Several hedge funds have recently bought and sold shares of the company. American National Bank & Trust grew its position in Schwab 5-10 Year Corporate Bond ETF by 7.5% in the third quarter. American National Bank & Trust now owns 4,700 shares of the company’s stock valued at $217,000 after purchasing an additional 327 shares in the last quarter. NorthCrest Asset Manangement LLC grew its position in Schwab 5-10 Year Corporate Bond ETF by 1.4% in the second quarter. NorthCrest Asset Manangement LLC now owns 29,243 shares of the company’s stock valued at $1,290,000 after purchasing an additional 391 shares in the last quarter. Godsey & Gibb Inc. bought a new position in Schwab 5-10 Year Corporate Bond ETF in the third quarter valued at $25,000. Triad Wealth Partners LLC bought a new position in Schwab 5-10 Year Corporate Bond ETF in the second quarter valued at $25,000. Finally, Sequoia Financial Advisors LLC grew its position in Schwab 5-10 Year Corporate Bond ETF by 6.0% in the third quarter. Sequoia Financial Advisors LLC now owns 10,178 shares of the company’s stock valued at $470,000 after purchasing an additional 575 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Company 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.