Flagstar Advisors Inc. Purchases 19,541 Shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Flagstar Advisors Inc. boosted its holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 161.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,677 shares of the company’s stock after acquiring an additional 19,541 shares during the quarter. Flagstar Advisors Inc.’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $699,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SCHI. Campbell Wealth Management increased its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 156.7% during the fourth quarter. Campbell Wealth Management now owns 5,681,777 shares of the company’s stock worth $125,397,000 after buying an additional 3,468,198 shares in the last quarter. San Luis Wealth Advisors LLC grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 135.4% during the 4th quarter. San Luis Wealth Advisors LLC now owns 1,043,209 shares of the company’s stock worth $23,024,000 after acquiring an additional 600,055 shares during the period. Destiny Wealth Partners LLC bought a new position in Schwab 5-10 Year Corporate Bond ETF during the fourth quarter worth about $12,253,000. WT Wealth Management acquired a new position in Schwab 5-10 Year Corporate Bond ETF during the third quarter valued at approximately $20,588,000. Finally, Janney Montgomery Scott LLC increased its position in shares of Schwab 5-10 Year Corporate Bond ETF by 94.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 861,598 shares of the company’s stock valued at $19,015,000 after buying an additional 418,097 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Trading Down 0.4 %

NYSEARCA:SCHI opened at $22.19 on Wednesday. The business’s 50-day simple moving average is $22.13 and its 200-day simple moving average is $22.50. Schwab 5-10 Year Corporate Bond ETF has a fifty-two week low of $21.50 and a fifty-two week high of $23.21.

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.