Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Shares Bought by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC grew its position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 1.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,243 shares of the company’s stock after purchasing an additional 391 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,290,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SCHI. Andina Capital Management LLC increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 23.4% in the second quarter. Andina Capital Management LLC now owns 45,923 shares of the company’s stock valued at $2,025,000 after buying an additional 8,713 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 21.3% during the second quarter. Sequoia Financial Advisors LLC now owns 9,603 shares of the company’s stock worth $423,000 after purchasing an additional 1,688 shares during the last quarter. Transform Wealth LLC boosted its holdings in Schwab 5-10 Year Corporate Bond ETF by 7.5% in the second quarter. Transform Wealth LLC now owns 33,130 shares of the company’s stock valued at $1,461,000 after purchasing an additional 2,305 shares in the last quarter. Versant Capital Management Inc purchased a new position in Schwab 5-10 Year Corporate Bond ETF in the second quarter valued at approximately $44,000. Finally, Bank of New Hampshire raised its holdings in Schwab 5-10 Year Corporate Bond ETF by 18.2% during the second quarter. Bank of New Hampshire now owns 48,235 shares of the company’s stock worth $2,127,000 after purchasing an additional 7,434 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Up 0.2 %

Shares of NYSEARCA:SCHI traded up $0.11 during trading on Wednesday, hitting $45.54. 77,558 shares of the company were exchanged, compared to its average volume of 467,370. The firm’s 50 day moving average price is $44.53 and its 200-day moving average price is $44.19. Schwab 5-10 Year Corporate Bond ETF has a 12-month low of $40.94 and a 12-month high of $45.57.

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.