Arrowroot Family Office LLC Boosts Stock Position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Arrowroot Family Office LLC increased its stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 129.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 64,276 shares of the company’s stock after purchasing an additional 36,272 shares during the quarter. Arrowroot Family Office LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,419,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHI. Sanctuary Advisors LLC grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 7.6% during the 4th quarter. Sanctuary Advisors LLC now owns 77,612 shares of the company’s stock valued at $1,728,000 after buying an additional 5,497 shares in the last quarter. Principal Securities Inc. grew its stake in Schwab 5-10 Year Corporate Bond ETF by 226.4% during the fourth quarter. Principal Securities Inc. now owns 7,240 shares of the company’s stock valued at $160,000 after acquiring an additional 5,022 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Schwab 5-10 Year Corporate Bond ETF by 16.3% during the third quarter. JPMorgan Chase & Co. now owns 147,208 shares of the company’s stock valued at $6,795,000 after acquiring an additional 20,658 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 177.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,444 shares of the company’s stock worth $32,000 after acquiring an additional 924 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 130.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 47,050 shares of the company’s stock worth $1,038,000 after purchasing an additional 26,668 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

SCHI opened at $22.24 on Friday. Schwab 5-10 Year Corporate Bond ETF has a one year low of $21.59 and a one year high of $23.21. The company has a fifty day moving average price of $22.29 and a 200-day moving average price of $22.28.

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.