9,410 Shares in Schwab 5-10 Year Corporate Bond ETF $SCHI Purchased by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC purchased a new position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,410 shares of the company’s stock, valued at approximately $214,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 6.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 32,081 shares of the company’s stock worth $721,000 after buying an additional 1,918 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Schwab 5-10 Year Corporate Bond ETF during the first quarter worth $540,000. Bestgate Wealth Advisors LLC acquired a new position in Schwab 5-10 Year Corporate Bond ETF during the first quarter worth $790,000. Allworth Financial LP raised its stake in Schwab 5-10 Year Corporate Bond ETF by 95.2% during the first quarter. Allworth Financial LP now owns 2,764 shares of the company’s stock worth $62,000 after acquiring an additional 1,348 shares in the last quarter. Finally, DecisionPoint Financial LLC raised its stake in Schwab 5-10 Year Corporate Bond ETF by 7.8% during the first quarter. DecisionPoint Financial LLC now owns 145,819 shares of the company’s stock worth $3,275,000 after acquiring an additional 10,587 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Trading Down 0.1%

Schwab 5-10 Year Corporate Bond ETF stock opened at $23.06 on Friday. The stock has a fifty day moving average price of $23.08 and a two-hundred day moving average price of $22.69. Schwab 5-10 Year Corporate Bond ETF has a 52-week low of $21.59 and a 52-week high of $23.28.

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.