Sequoia Financial Advisors LLC reduced its stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI – Free Report) by 26.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,740 shares of the company’s stock after selling 5,730 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $358,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in SCHI. Transce3nd LLC bought a new position in Schwab 5-10 Year Corporate Bond ETF during the 1st quarter worth $30,000. Berkshire Money Management Inc. acquired a new position in Schwab 5-10 Year Corporate Bond ETF during the 2nd quarter worth $39,000. GAMMA Investing LLC acquired a new position in Schwab 5-10 Year Corporate Bond ETF during the 1st quarter worth $46,000. Hoey Investments Inc. acquired a new position in Schwab 5-10 Year Corporate Bond ETF during the 2nd quarter worth $46,000. Finally, Continuum Advisory LLC acquired a new position in Schwab 5-10 Year Corporate Bond ETF during the 1st quarter worth $54,000.
Schwab 5-10 Year Corporate Bond ETF Trading Up 0.0%
Shares of SCHI stock opened at $23.23 on Wednesday. Schwab 5-10 Year Corporate Bond ETF has a 1 year low of $21.59 and a 1 year high of $23.27. The stock has a fifty day moving average of $23.02 and a two-hundred day moving average of $22.62.
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.
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