Versant Capital Management Inc Purchases Shares of 1,000 Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Versant Capital Management Inc purchased a new stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,000 shares of the company’s stock, valued at approximately $44,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHI. Raymond James Financial Services Advisors Inc. increased its position in shares of Schwab 5-10 Year Corporate Bond ETF by 86.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 8,964 shares of the company’s stock valued at $403,000 after acquiring an additional 4,144 shares during the last quarter. Prime Capital Investment Advisors LLC increased its position in shares of Schwab 5-10 Year Corporate Bond ETF by 14.3% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 6,826 shares of the company’s stock valued at $307,000 after acquiring an additional 856 shares during the last quarter. Western Financial Corp CA increased its position in shares of Schwab 5-10 Year Corporate Bond ETF by 54.1% in the fourth quarter. Western Financial Corp CA now owns 8,572 shares of the company’s stock valued at $385,000 after acquiring an additional 3,008 shares during the last quarter. Firethorn Wealth Partners LLC increased its position in shares of Schwab 5-10 Year Corporate Bond ETF by 8.8% in the fourth quarter. Firethorn Wealth Partners LLC now owns 7,335 shares of the company’s stock valued at $330,000 after acquiring an additional 596 shares during the last quarter. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF in the fourth quarter valued at about $407,000.

Schwab 5-10 Year Corporate Bond ETF Price Performance

NYSEARCA SCHI traded down $0.21 during trading on Tuesday, reaching $45.08. 8,034,910 shares of the company’s stock were exchanged, compared to its average volume of 474,400. The business has a 50 day moving average price of $44.38 and a 200-day moving average price of $44.17. Schwab 5-10 Year Corporate Bond ETF has a fifty-two week low of $40.94 and a fifty-two week high of $45.45.

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.