PFG Investments LLC Purchases New Position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

PFG Investments LLC acquired a new position in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 9,842 shares of the company’s stock, valued at approximately $217,000.

Other institutional investors also recently bought and sold shares of the company. Renaissance Technologies LLC increased its position in Schwab 5-10 Year Corporate Bond ETF by 26.5% during the 2nd quarter. Renaissance Technologies LLC now owns 22,900 shares of the company’s stock valued at $1,010,000 after purchasing an additional 4,804 shares during the period. Creative Planning raised its stake in Schwab 5-10 Year Corporate Bond ETF by 101.6% in the second quarter. Creative Planning now owns 32,627 shares of the company’s stock worth $1,439,000 after buying an additional 16,439 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Schwab 5-10 Year Corporate Bond ETF by 57.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,389 shares of the company’s stock worth $282,000 after buying an additional 2,328 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Schwab 5-10 Year Corporate Bond ETF during the second quarter worth $966,000. Finally, WealthBridge Capital Management LLC increased its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 8.2% in the 3rd quarter. WealthBridge Capital Management LLC now owns 9,192 shares of the company’s stock valued at $424,000 after acquiring an additional 700 shares during the period.

Schwab 5-10 Year Corporate Bond ETF Price Performance

SCHI opened at $22.22 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 stock has a fifty day moving average price of $22.21 and a 200-day moving average price of $22.51.

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.