LPL Financial LLC Grows Stock Holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

LPL Financial LLC grew its holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 178.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 239,087 shares of the company’s stock after acquiring an additional 153,227 shares during the period. LPL Financial LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $5,277,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SCHI. Elevation Wealth Partners LLC grew its position in Schwab 5-10 Year Corporate Bond ETF by 100.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 1,116 shares of the company’s stock worth $25,000 after acquiring an additional 558 shares in the last quarter. Archer Investment Corp raised its position in Schwab 5-10 Year Corporate Bond ETF by 100.0% during the fourth quarter. Archer Investment Corp now owns 1,268 shares of the company’s stock valued at $28,000 after purchasing an additional 634 shares during the period. MCF Advisors LLC lifted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% in the 4th quarter. MCF Advisors LLC now owns 1,356 shares of the company’s stock valued at $30,000 after purchasing an additional 678 shares during the last quarter. SYM FINANCIAL Corp boosted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% in the 4th quarter. SYM FINANCIAL Corp now owns 1,380 shares of the company’s stock worth $30,000 after purchasing an additional 690 shares during the period. Finally, Gables Capital Management Inc. increased its position in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% during the 4th quarter. Gables Capital Management Inc. now owns 1,378 shares of the company’s stock valued at $30,000 after purchasing an additional 689 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of SCHI opened at $21.94 on Wednesday. The business has a fifty day moving average of $22.31 and a 200 day moving average of $22.37. Schwab 5-10 Year Corporate Bond ETF has a 52-week low of $21.50 and a 52-week high of $23.21.

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.