San Luis Wealth Advisors LLC trimmed its position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI – Free Report) by 21.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 656,737 shares of the company’s stock after selling 178,516 shares during the quarter. Schwab 5-10 Year Corporate Bond ETF comprises approximately 3.2% of San Luis Wealth Advisors LLC’s holdings, making the stock its 7th largest position. San Luis Wealth Advisors LLC owned 0.17% of Schwab 5-10 Year Corporate Bond ETF worth $14,947,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in SCHI. Cambridge Investment Research Advisors Inc. lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 6.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 32,081 shares of the company’s stock valued at $721,000 after buying an additional 1,918 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of Schwab 5-10 Year Corporate Bond ETF by 24.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 21,470 shares of the company’s stock worth $482,000 after purchasing an additional 4,210 shares during the last quarter. IFP Advisors Inc raised its holdings in Schwab 5-10 Year Corporate Bond ETF by 114.5% in the 1st quarter. IFP Advisors Inc now owns 7,127 shares of the company’s stock worth $160,000 after acquiring an additional 3,804 shares during the period. EP Wealth Advisors LLC raised its position in Schwab 5-10 Year Corporate Bond ETF by 46.5% during the first quarter. EP Wealth Advisors LLC now owns 7,207 shares of the company’s stock worth $162,000 after acquiring an additional 2,288 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the 1st quarter worth approximately $288,000.
Schwab 5-10 Year Corporate Bond ETF Stock Performance
Shares of NYSEARCA:SCHI opened at $23.04 on Friday. Schwab 5-10 Year Corporate Bond ETF has a 1-year low of $21.59 and a 1-year high of $23.25. The business has a fifty day moving average price of $22.89 and a 200-day moving average price of $22.54.
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.
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