Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Shares Bought by West Wealth Group LLC

West Wealth Group LLC grew its stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,044 shares of the company’s stock after purchasing an additional 800 shares during the period. Schwab 5-10 Year Corporate Bond ETF makes up approximately 0.7% of West Wealth Group LLC’s portfolio, making the stock its 22nd biggest holding. West Wealth Group LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,800,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SCHI. Charles Schwab Investment Management Inc. lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 55.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,101,055 shares of the company’s stock worth $215,265,000 after purchasing an additional 1,826,354 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 1,242.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 416,072 shares of the company’s stock worth $17,558,000 after acquiring an additional 385,073 shares in the last quarter. Jane Street Group LLC raised its position in shares of Schwab 5-10 Year Corporate Bond ETF by 427.1% during the 2nd quarter. Jane Street Group LLC now owns 381,262 shares of the company’s stock valued at $16,997,000 after acquiring an additional 308,925 shares during the last quarter. Pinnacle Wealth Management Group Inc. bought a new stake in shares of Schwab 5-10 Year Corporate Bond ETF in the 3rd quarter valued at $5,491,000. Finally, Horst & Graben Wealth Management LLC acquired a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter worth about $5,224,000.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of NYSEARCA SCHI traded down $0.02 during trading hours on Thursday, hitting $44.54. 16,242 shares of the stock were exchanged, compared to its average volume of 523,956. Schwab 5-10 Year Corporate Bond ETF has a 1-year low of $40.94 and a 1-year high of $45.19. The company’s fifty day simple moving average is $44.34 and its two-hundred day simple moving average is $43.51.

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.