Summit Financial Wealth Advisors LLC Makes New Investment in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Summit Financial Wealth Advisors LLC acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 9,100 shares of the company’s stock, valued at approximately $201,000.

A number of other hedge funds also recently bought and sold shares of the company. Elevation Wealth Partners LLC raised its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% during the fourth quarter. Elevation Wealth Partners LLC now owns 1,116 shares of the company’s stock worth $25,000 after acquiring an additional 558 shares in the last quarter. Archer Investment Corp raised its position in Schwab 5-10 Year Corporate Bond ETF by 100.0% in the 4th quarter. Archer Investment Corp now owns 1,268 shares of the company’s stock worth $28,000 after purchasing an additional 634 shares during the period. MCF Advisors LLC lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 100.0% in the fourth quarter. MCF Advisors LLC now owns 1,356 shares of the company’s stock worth $30,000 after purchasing an additional 678 shares during the last quarter. SYM FINANCIAL Corp boosted its position in Schwab 5-10 Year Corporate Bond ETF by 100.0% during the fourth quarter. SYM FINANCIAL Corp now owns 1,380 shares of the company’s stock valued at $30,000 after buying an additional 690 shares during the period. Finally, Gables Capital Management Inc. grew its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% during the fourth quarter. Gables Capital Management Inc. now owns 1,378 shares of the company’s stock valued at $30,000 after buying an additional 689 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Trading Down 0.2 %

Shares of NYSEARCA SCHI traded down $0.05 during midday trading on Thursday, reaching $22.07. The company had a trading volume of 131,196 shares, compared to its average volume of 936,851. Schwab 5-10 Year Corporate Bond ETF has a one year low of $21.50 and a one year high of $23.21. The firm’s fifty day moving average price is $22.31 and its 200-day moving average price is $22.36.

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.