ZRC Wealth Management LLC Makes New $196,000 Investment in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

ZRC Wealth Management LLC purchased a new stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,398 shares of the company’s stock, valued at approximately $196,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Charles Schwab Investment Advisory Inc. lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 6.3% in the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 108,134,344 shares of the company’s stock worth $4,859,557,000 after purchasing an additional 6,418,683 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 5.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,392,664 shares of the company’s stock valued at $242,346,000 after purchasing an additional 291,609 shares in the last quarter. Bouchey Financial Group Ltd bought a new stake in Schwab 5-10 Year Corporate Bond ETF in the fourth quarter worth approximately $15,369,000. Campbell Wealth Management lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 1.6% in the fourth quarter. Campbell Wealth Management now owns 310,858 shares of the company’s stock valued at $13,970,000 after buying an additional 5,003 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 45.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 199,824 shares of the company’s stock worth $8,433,000 after buying an additional 62,295 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Up 0.5 %

Shares of Schwab 5-10 Year Corporate Bond ETF stock traded up $0.24 during trading on Thursday, reaching $44.17. 240,975 shares of the company traded hands, compared to its average volume of 426,093. 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 has a 50 day moving average price of $43.96 and a 200-day moving average price of $44.18.

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.