Valmark Advisers Inc. Grows Position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Valmark Advisers Inc. raised its holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 100.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,256 shares of the company’s stock after acquiring an additional 10,128 shares during the period. Valmark Advisers Inc.’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $447,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Principal Securities Inc. raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 226.4% in the 4th 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. WealthPlan Investment Management LLC purchased a new stake in shares of Schwab 5-10 Year Corporate Bond ETF in the 4th quarter valued at about $419,000. Campbell Wealth Management raised its holdings in shares of 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 acquiring an additional 3,468,198 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of Schwab 5-10 Year Corporate Bond ETF in the 4th quarter valued at about $232,000. Finally, Bristlecone Advisors LLC raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 103.3% in the 4th quarter. Bristlecone Advisors LLC now owns 12,952 shares of the company’s stock valued at $286,000 after acquiring an additional 6,581 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Trading Down 0.4 %

Shares of Schwab 5-10 Year Corporate Bond ETF stock opened at $22.19 on Wednesday. The business’s 50-day moving average price is $22.14 and its 200-day moving average price is $22.50. Schwab 5-10 Year Corporate Bond ETF has a 12 month low of $21.50 and a 12 month high of $23.21.

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.