Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI – Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 33,523 shares, a decrease of 94.7% from the September 30th total of 634,803 shares. Based on an average trading volume of 3,664,345 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.
Institutional Investors Weigh In On Schwab 5-10 Year Corporate Bond ETF
A number of institutional investors and hedge funds have recently modified their holdings of SCHI. Asset Allocation Strategies LLC grew its stake in Schwab 5-10 Year Corporate Bond ETF by 3.7% during the first quarter. Asset Allocation Strategies LLC now owns 19,862 shares of the company’s stock worth $450,000 after purchasing an additional 713 shares during the period. Citizens National Bank Trust Department increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 1.4% in the first quarter. Citizens National Bank Trust Department now owns 94,801 shares of the company’s stock worth $2,150,000 after purchasing an additional 1,312 shares in the last quarter. Godsey & Gibb Inc. acquired a new position in Schwab 5-10 Year Corporate Bond ETF in the third quarter valued at approximately $35,000. Root Financial Partners LLC acquired a new position in Schwab 5-10 Year Corporate Bond ETF in the third quarter valued at approximately $37,000. Finally, Global Trust Asset Management LLC acquired a new position in Schwab 5-10 Year Corporate Bond ETF in the first quarter valued at approximately $45,000.
Schwab 5-10 Year Corporate Bond ETF Stock Performance
SCHI stock traded up $0.02 during trading hours on Monday, reaching $21.72. The stock had a trading volume of 2,364,467 shares, compared to its average volume of 2,815,257. The stock has a 50-day simple moving average of $21.81 and a 200 day simple moving average of $22.48. Schwab 5-10 Year Corporate Bond ETF has a fifty-two week low of $21.24 and a fifty-two week high of $23.28.
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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