Wealth Enhancement Advisory Services LLC Lowers Position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Wealth Enhancement Advisory Services LLC decreased its holdings in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 86.3% during the first quarter, according to its most recent filing with the SEC. The firm owned 56,952 shares of the company’s stock after selling 358,655 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,279,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Gables Capital Management Inc. increased its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% in the 4th quarter. Gables Capital Management Inc. now owns 1,378 shares of the company’s stock valued at $30,000 after acquiring an additional 689 shares during the period. PNC Financial Services Group Inc. boosted its position in Schwab 5-10 Year Corporate Bond ETF by 177.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,444 shares of the company’s stock valued at $32,000 after purchasing an additional 924 shares in the last quarter. Mascagni Wealth Management Inc. bought a new stake in Schwab 5-10 Year Corporate Bond ETF during the fourth quarter valued at about $26,000. GAMMA Investing LLC purchased a new position in Schwab 5-10 Year Corporate Bond ETF in the first quarter valued at about $46,000. Finally, Signaturefd LLC raised its holdings in Schwab 5-10 Year Corporate Bond ETF by 99.9% in the fourth quarter. Signaturefd LLC now owns 4,549 shares of the company’s stock worth $100,000 after purchasing an additional 2,273 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Price Performance

SCHI stock opened at $22.76 on Tuesday. Schwab 5-10 Year Corporate Bond ETF has a one year low of $21.59 and a one year high of $23.21. The firm has a 50-day simple moving average of $22.35 and a two-hundred day simple moving average of $22.25.

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.