Worth Asset Management LLC acquired a new position in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI – Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 48,916 shares of the company’s stock, valued at approximately $1,109,000.
Several other hedge funds have also modified their holdings of the stock. Goldman Sachs Group Inc. increased its position in Schwab 5-10 Year Corporate Bond ETF by 104.6% during the first quarter. Goldman Sachs Group Inc. now owns 49,945 shares of the company’s stock worth $1,122,000 after purchasing an additional 25,537 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 946.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,929 shares of the company’s stock valued at $66,000 after purchasing an additional 2,649 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the 2nd quarter valued at $201,000. NewEdge Advisors LLC grew its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 69.1% during the 2nd quarter. NewEdge Advisors LLC now owns 10,040 shares of the company’s stock valued at $229,000 after buying an additional 4,104 shares during the period. Finally, Peapack Gladstone Financial Corp purchased a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the 2nd quarter valued at $212,000.
Schwab 5-10 Year Corporate Bond ETF Stock Performance
SCHI stock opened at $22.55 on Tuesday. The business has a fifty day simple moving average of $22.64 and a 200-day simple moving average of $22.83. Schwab 5-10 Year Corporate Bond ETF has a 52 week low of $22.31 and a 52 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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