Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Sets New 1-Year High at $45.50

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $45.50 and last traded at $45.50, with a volume of 28802 shares. The stock had previously closed at $45.43.

Schwab 5-10 Year Corporate Bond ETF Trading Up 0.3 %

The firm has a fifty day simple moving average of $44.53 and a 200 day simple moving average of $44.19.

Institutional Trading of Schwab 5-10 Year Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SCHI. Triad Wealth Partners LLC bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the 2nd quarter worth about $25,000. SYM FINANCIAL Corp bought a new position in Schwab 5-10 Year Corporate Bond ETF during the second quarter valued at about $30,000. FSA Wealth Management LLC acquired a new position in Schwab 5-10 Year Corporate Bond ETF in the 1st quarter valued at approximately $43,000. Versant Capital Management Inc bought a new stake in shares of Schwab 5-10 Year Corporate Bond ETF in the 2nd quarter worth approximately $44,000. Finally, American National Bank grew its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 359.6% during the 4th quarter. American National Bank now owns 1,126 shares of the company’s stock worth $51,000 after purchasing an additional 881 shares in the last quarter.

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.