DecisionPoint Financial LLC Has $2.99 Million Stock Position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

DecisionPoint Financial LLC increased its holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 96.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 135,232 shares of the company’s stock after purchasing an additional 66,413 shares during the period. Schwab 5-10 Year Corporate Bond ETF makes up 0.9% of DecisionPoint Financial LLC’s portfolio, making the stock its 16th biggest position. DecisionPoint Financial LLC owned about 0.09% of Schwab 5-10 Year Corporate Bond ETF worth $2,985,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Campbell Wealth Management bought a new stake in Schwab 5-10 Year Corporate Bond ETF during the third quarter worth about $102,179,000. Raymond James & Associates grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 14.4% during the 3rd quarter. Raymond James & Associates now owns 1,123,215 shares of the company’s stock worth $51,848,000 after acquiring an additional 141,270 shares during the last quarter. San Luis Wealth Advisors LLC increased its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 135.4% in the fourth quarter. San Luis Wealth Advisors LLC now owns 1,043,209 shares of the company’s stock valued at $23,024,000 after purchasing an additional 600,055 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 94.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 861,598 shares of the company’s stock valued at $19,015,000 after buying an additional 418,097 shares during the period. Finally, Destiny Wealth Partners LLC acquired a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the fourth quarter valued at $12,253,000.

Schwab 5-10 Year Corporate Bond ETF Trading Down 0.4 %

Schwab 5-10 Year Corporate Bond ETF stock opened at $22.16 on Monday. Schwab 5-10 Year Corporate Bond ETF has a 12-month low of $21.50 and a 12-month high of $23.21. The business’s 50-day simple moving average is $22.18 and its 200 day simple moving average is $22.51.

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.