Shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI – Get Free Report) saw an uptick in trading volume on Tuesday . 38,650,127 shares traded hands during mid-day trading, an increase of 1,237% from the previous session’s volume of 2,890,383 shares.The stock last traded at $22.60 and had previously closed at $22.67.
Schwab 5-10 Year Corporate Bond ETF Price Performance
The firm’s 50-day moving average is $22.75 and its 200 day moving average is $22.94.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the company. Captrust Financial Advisors raised its position in Schwab 5-10 Year Corporate Bond ETF by 14.4% in the 2nd quarter. Captrust Financial Advisors now owns 7,243,804 shares of the company’s stock valued at $164,869,000 after buying an additional 913,432 shares during the last quarter. Financial Engines Advisors L.L.C. bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter worth approximately $12,319,000. Systelligence LLC bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the 1st quarter worth approximately $6,004,000. Caitlin John LLC acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF in the fourth quarter valued at approximately $5,732,000. Finally, Blair William & Co. IL lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 161.9% in the third quarter. Blair William & Co. IL now owns 353,955 shares of the company’s stock worth $8,169,000 after purchasing an additional 218,781 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.
Recommended Stories
- Five stocks we like better than Schwab 5-10 Year Corporate Bond ETF
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
- Hims & Hers Stock Plunges After Q1 Miss: Is the GLP-1 Pivot Enough to Fuel a Recovery?
- Rocket Lab Just Hit a New All-Time High—Time to Buy or Let It Breathe?
Receive News & Ratings for Schwab 5-10 Year Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab 5-10 Year Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
