Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Stock Position Boosted by Truist Financial Corp

Truist Financial Corp boosted its stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 97.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 286,265 shares of the company’s stock after buying an additional 141,007 shares during the period. Truist Financial Corp owned 0.19% of Schwab 5-10 Year Corporate Bond ETF worth $6,318,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHI. Campbell Wealth Management grew its position in Schwab 5-10 Year Corporate Bond ETF by 156.7% in the 4th quarter. Campbell Wealth Management now owns 5,681,777 shares of the company’s stock valued at $125,397,000 after buying an additional 3,468,198 shares in the last quarter. San Luis Wealth Advisors LLC boosted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 135.4% during the 4th quarter. San Luis Wealth Advisors LLC now owns 1,043,209 shares of the company’s stock valued at $23,024,000 after purchasing an additional 600,055 shares in the last quarter. Destiny Wealth Partners LLC bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the 4th quarter valued at about $12,253,000. Janney Montgomery Scott LLC boosted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 94.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 861,598 shares of the company’s stock valued at $19,015,000 after purchasing an additional 418,097 shares in the last quarter. Finally, Gunma Bank Ltd. boosted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 251.5% during the 4th quarter. Gunma Bank Ltd. now owns 580,000 shares of the company’s stock valued at $12,801,000 after purchasing an additional 415,000 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

NYSEARCA:SCHI opened at $22.33 on Friday. Schwab 5-10 Year Corporate Bond ETF has a twelve month low of $21.50 and a twelve month high of $23.21. The company has a 50-day moving average of $22.12 and a 200-day moving average of $22.49.

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.