Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Shares Purchased by Cibc World Markets Corp

Cibc World Markets Corp raised its position in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 39.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,569 shares of the company’s stock after purchasing an additional 9,284 shares during the period. Cibc World Markets Corp’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $719,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHI. Truvestments Capital LLC bought a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter worth about $29,000. Elevation Wealth Partners LLC raised its position in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% during the 4th quarter. Elevation Wealth Partners LLC now owns 1,116 shares of the company’s stock worth $25,000 after buying an additional 558 shares in the last quarter. Archer Investment Corp raised its position in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% during the 4th quarter. Archer Investment Corp now owns 1,268 shares of the company’s stock worth $28,000 after buying an additional 634 shares in the last quarter. MCF Advisors LLC raised its position in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% during the 4th quarter. MCF Advisors LLC now owns 1,356 shares of the company’s stock worth $30,000 after buying an additional 678 shares in the last quarter. Finally, Gables Capital Management Inc. raised its position in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% during the 4th quarter. Gables Capital Management Inc. now owns 1,378 shares of the company’s stock worth $30,000 after buying an additional 689 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

SCHI stock opened at $22.42 on Friday. Schwab 5-10 Year Corporate Bond ETF has a 52 week low of $21.50 and a 52 week high of $23.21. The firm’s 50-day moving average is $22.25 and its two-hundred day moving average is $22.44.

Schwab 5-10 Year Corporate Bond ETF Company 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.