Wealth Forward LLC Buys 239,684 Shares of Schwab 5-10 Year Corporate Bond ETF $SCHI

Wealth Forward LLC increased its stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 2,031.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 251,483 shares of the company’s stock after purchasing an additional 239,684 shares during the quarter. Schwab 5-10 Year Corporate Bond ETF comprises about 2.4% of Wealth Forward LLC’s portfolio, making the stock its 12th biggest position. Wealth Forward LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $5,392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of SCHI. 21 West Wealth Management LLC bought a new position in Schwab 5-10 Year Corporate Bond ETF in the third quarter valued at about $3,183,000. Avior Wealth Management LLC bought a new stake in Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter worth about $2,159,000. GK Wealth Management LLC bought a new stake in Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter worth about $45,000. Chapin Davis Inc. acquired a new position in Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter valued at about $267,000. Finally, Go Invest LLC acquired a new position in Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter valued at about $70,000.

Schwab 5-10 Year Corporate Bond ETF Stock Down 0.1%

Shares of NYSEARCA SCHI traded down $0.01 during mid-day trading on Wednesday, hitting $21.46. The company’s stock had a trading volume of 888,723 shares, compared to its average volume of 2,805,887. Schwab 5-10 Year Corporate Bond ETF has a one year low of $21.24 and a one year high of $23.28. The company’s fifty day simple moving average is $21.91 and its 200-day simple moving average is $22.34.

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.