Pacific Capital Wealth Advisors Inc. Purchases 18,487 Shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Pacific Capital Wealth Advisors Inc. increased its stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 103.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,385 shares of the company’s stock after buying an additional 18,487 shares during the quarter. Pacific Capital Wealth Advisors Inc.’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $803,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. RiverFront Investment Group LLC grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 2.3% during the 2nd quarter. RiverFront Investment Group LLC now owns 3,954,083 shares of the company’s stock worth $174,375,000 after acquiring an additional 90,191 shares during the period. Campbell Wealth Management bought a new stake in Schwab 5-10 Year Corporate Bond ETF in the 3rd quarter valued at approximately $102,179,000. Raymond James & Associates boosted its holdings in Schwab 5-10 Year Corporate Bond ETF by 14.4% during the third quarter. Raymond James & Associates now owns 1,123,215 shares of the company’s stock worth $51,848,000 after purchasing an additional 141,270 shares during the last quarter. San Luis Wealth Advisors LLC boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 135.4% during the 4th quarter. San Luis Wealth Advisors LLC now owns 1,043,209 shares of the company’s stock worth $23,024,000 after buying an additional 600,055 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in Schwab 5-10 Year Corporate Bond ETF by 94.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 861,598 shares of the company’s stock valued at $19,015,000 after purchasing an additional 418,097 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

SCHI opened at $22.23 on Tuesday. The stock’s fifty day simple moving average is $22.22 and its 200 day simple moving average is $22.52. Schwab 5-10 Year Corporate Bond ETF has a 1-year low of $21.50 and a 1-year high of $23.21.

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.