Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Hits New 52-Week High at $46.15

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $46.15 and last traded at $46.13, with a volume of 55109 shares traded. The stock had previously closed at $46.11.

Schwab 5-10 Year Corporate Bond ETF Trading Down 0.2 %

The stock’s 50-day moving average price is $45.14 and its 200 day moving average price is $44.38.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Triad Wealth Partners LLC bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the second quarter valued at $25,000. SYM FINANCIAL Corp bought a new stake in Schwab 5-10 Year Corporate Bond ETF during the second quarter worth about $30,000. FSA Wealth Management LLC acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the first quarter worth approximately $43,000. Versant Capital Management Inc bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF in the second quarter valued at approximately $44,000. Finally, American National Bank boosted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 359.6% in the 4th quarter. American National Bank now owns 1,126 shares of the company’s stock worth $51,000 after acquiring an additional 881 shares in the last quarter.

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.