San Luis Wealth Advisors LLC Cuts Stock Holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

San Luis Wealth Advisors LLC lessened its stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 19.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 835,253 shares of the company’s stock after selling 207,956 shares during the quarter. Schwab 5-10 Year Corporate Bond ETF comprises approximately 4.0% of San Luis Wealth Advisors LLC’s holdings, making the stock its 6th largest position. San Luis Wealth Advisors LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $18,760,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SCHI. Mascagni Wealth Management Inc. bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF in the 4th quarter valued at approximately $26,000. Gables Capital Management Inc. lifted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% in the fourth quarter. Gables Capital Management Inc. now owns 1,378 shares of the company’s stock worth $30,000 after buying an additional 689 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 177.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,444 shares of the company’s stock worth $32,000 after buying an additional 924 shares during the last quarter. GAMMA Investing LLC bought a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the 1st quarter worth $46,000. Finally, Farther Finance Advisors LLC grew its stake in Schwab 5-10 Year Corporate Bond ETF by 555.7% in the 4th quarter. Farther Finance Advisors LLC now owns 2,931 shares of the company’s stock valued at $65,000 after buying an additional 2,484 shares during the last quarter.

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

Shares of NYSEARCA SCHI opened at $22.37 on Tuesday. The business’s 50 day moving average is $22.25 and its two-hundred day moving average is $22.25. Schwab 5-10 Year Corporate Bond ETF has a 12 month low of $21.59 and a 12 month high of $23.21.

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.