Jane Street Group LLC Purchases 7,643,211 Shares of Schwab 5-10 Year Corporate Bond ETF $SCHI

Jane Street Group LLC grew its stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 22,184.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 7,677,664 shares of the company’s stock after buying an additional 7,643,211 shares during the quarter. Jane Street Group LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $172,440,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Royal Bank of Canada boosted its holdings in Schwab 5-10 Year Corporate Bond ETF by 100.8% in the 4th quarter. Royal Bank of Canada now owns 1,155,970 shares of the company’s stock worth $25,512,000 after buying an additional 580,424 shares during the period. Bouchey Financial Group Ltd boosted its holdings in Schwab 5-10 Year Corporate Bond ETF by 4.8% in the 1st quarter. Bouchey Financial Group Ltd now owns 1,132,577 shares of the company’s stock worth $25,438,000 after buying an additional 52,343 shares during the period. Bank of America Corp DE boosted its holdings in Schwab 5-10 Year Corporate Bond ETF by 98.8% in the 4th quarter. Bank of America Corp DE now owns 1,079,511 shares of the company’s stock worth $23,825,000 after buying an additional 536,462 shares during the period. WestHill Financial Advisors Inc. boosted its holdings in Schwab 5-10 Year Corporate Bond ETF by 12.5% in the 1st quarter. WestHill Financial Advisors Inc. now owns 554,891 shares of the company’s stock worth $12,463,000 after buying an additional 61,859 shares during the period. Finally, Charles Schwab Trust Co boosted its holdings in Schwab 5-10 Year Corporate Bond ETF by 1.1% in the 1st quarter. Charles Schwab Trust Co now owns 447,004 shares of the company’s stock worth $10,040,000 after buying an additional 4,700 shares during the period.

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

SCHI opened at $23.06 on Wednesday. The company has a 50 day moving average of $22.74 and a 200 day moving average of $22.47. Schwab 5-10 Year Corporate Bond ETF has a 12 month low of $21.59 and a 12 month high of $23.21.

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.