Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Hits New 12-Month High at $45.92

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $45.92 and last traded at $45.91, with a volume of 427390 shares changing hands. The stock had previously closed at $45.76.

Schwab 5-10 Year Corporate Bond ETF Trading Up 0.0 %

The company has a fifty day moving average price of $45.05 and a 200 day moving average price of $44.35.

Institutional Trading of Schwab 5-10 Year Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in SCHI. Triad Wealth Partners LLC bought a new position in Schwab 5-10 Year Corporate Bond ETF in the second quarter valued at $25,000. SYM FINANCIAL Corp bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the 2nd quarter valued at about $30,000. FSA Wealth Management LLC purchased a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the 1st quarter valued at about $43,000. Versant Capital Management Inc bought a new stake in Schwab 5-10 Year Corporate Bond ETF in the 2nd quarter worth approximately $44,000. Finally, American National Bank boosted its stake in Schwab 5-10 Year Corporate Bond ETF by 359.6% in the fourth quarter. American National Bank now owns 1,126 shares of the company’s stock worth $51,000 after buying an additional 881 shares in the last quarter.

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.