Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Sets New 52-Week High at $46.00

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $46.00 and last traded at $46.00, with a volume of 6436 shares trading hands. The stock had previously closed at $44.73.

Schwab 5-10 Year Corporate Bond ETF Stock Up 0.2 %

The stock has a fifty day moving average price of $44.25 and a 200 day moving average price of $44.15.

Institutional Trading of Schwab 5-10 Year Corporate Bond ETF

Several institutional investors have recently added to or reduced their stakes in SCHI. Strategic Blueprint LLC boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 12.0% during the second quarter. Strategic Blueprint LLC now owns 43,093 shares of the company’s stock valued at $1,900,000 after purchasing an additional 4,615 shares during the period. AlphaStar Capital Management LLC increased its position in shares of Schwab 5-10 Year Corporate Bond ETF by 8.8% during the second quarter. AlphaStar Capital Management LLC now owns 65,954 shares of the company’s stock worth $2,909,000 after acquiring an additional 5,340 shares during the period. Van Strum & Towne Inc. raised its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 7.0% during the second quarter. Van Strum & Towne Inc. now owns 16,120 shares of the company’s stock valued at $711,000 after acquiring an additional 1,058 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new stake in shares of Schwab 5-10 Year Corporate Bond ETF in the second quarter valued at approximately $105,000. Finally, Security Financial Services INC. increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 18.2% during the 2nd quarter. Security Financial Services INC. now owns 8,412 shares of the company’s stock worth $371,000 after purchasing an additional 1,296 shares during the period.

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.