Valmark Advisers Inc. Grows Position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Valmark Advisers Inc. raised its stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 100.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,256 shares of the company’s stock after acquiring an additional 10,128 shares during the period. Valmark Advisers Inc.’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $447,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Campbell Wealth Management boosted its position in Schwab 5-10 Year Corporate Bond ETF by 156.7% in the fourth quarter. Campbell Wealth Management now owns 5,681,777 shares of the company’s stock worth $125,397,000 after purchasing an additional 3,468,198 shares during the last quarter. Raymond James & Associates raised its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 14.4% in the third quarter. Raymond James & Associates now owns 1,123,215 shares of the company’s stock valued at $51,848,000 after buying an additional 141,270 shares during the period. San Luis Wealth Advisors LLC lifted its position 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 valued at $23,024,000 after buying an additional 600,055 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 94.3% during 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 last quarter. Finally, Gunma Bank Ltd. grew its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 251.5% during the 4th quarter. Gunma Bank Ltd. now owns 580,000 shares of the company’s stock worth $12,801,000 after acquiring an additional 415,000 shares during the period.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of Schwab 5-10 Year Corporate Bond ETF stock opened at $22.19 on Wednesday. Schwab 5-10 Year Corporate Bond ETF has a 52-week low of $21.50 and a 52-week high of $23.21. The stock’s 50-day simple moving average is $22.14 and its 200 day simple moving average is $22.50.

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.