Janney Montgomery Scott LLC Acquires 418,097 Shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Janney Montgomery Scott LLC boosted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 94.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 861,598 shares of the company’s stock after purchasing an additional 418,097 shares during the period. Janney Montgomery Scott LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $19,015,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. RiverFront Investment Group LLC lifted its position in shares of 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 buying an additional 90,191 shares during the period. Campbell Wealth Management bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the third quarter valued at $102,179,000. Raymond James & Associates boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 14.4% in the 3rd quarter. Raymond James & Associates now owns 1,123,215 shares of the company’s stock valued at $51,848,000 after purchasing an additional 141,270 shares in the last quarter. San Luis Wealth Advisors LLC grew its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 135.4% in the 4th quarter. San Luis Wealth Advisors LLC now owns 1,043,209 shares of the company’s stock worth $23,024,000 after purchasing an additional 600,055 shares during the last quarter. Finally, WT Wealth Management acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter worth about $20,588,000.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

NYSEARCA:SCHI opened at $22.11 on Friday. Schwab 5-10 Year Corporate Bond ETF has a 12 month low of $21.50 and a 12 month high of $23.21. The company’s 50-day moving average price is $22.22 and its two-hundred day moving average price is $22.51.

Schwab 5-10 Year Corporate Bond ETF Company 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.