Savvy Advisors Inc. Takes $228,000 Position in Schwab 5-10 Year Corporate Bond ETF $SCHI

Savvy Advisors Inc. acquired a new position in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,999 shares of the company’s stock, valued at approximately $228,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Guardian Financial Partners LLC lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 5.1% in the second quarter. Guardian Financial Partners LLC now owns 10,535 shares of the company’s stock worth $240,000 after acquiring an additional 507 shares during the last quarter. Christensen King & Associates Investment Services Inc. raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 2.8% in the 2nd quarter. Christensen King & Associates Investment Services Inc. now owns 24,239 shares of the company’s stock valued at $552,000 after purchasing an additional 667 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 5.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,484 shares of the company’s stock valued at $307,000 after purchasing an additional 667 shares in the last quarter. OneAscent Financial Services LLC lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 4.0% during the 1st quarter. OneAscent Financial Services LLC now owns 21,578 shares of the company’s stock worth $485,000 after purchasing an additional 828 shares during the last quarter. Finally, Beacon Bridge Wealth Partners LLC grew its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 1.0% during the first quarter. Beacon Bridge Wealth Partners LLC now owns 127,474 shares of the company’s stock worth $2,863,000 after purchasing an additional 1,232 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Price Performance

NYSEARCA:SCHI opened at $23.06 on Monday. Schwab 5-10 Year Corporate Bond ETF has a 12 month low of $21.59 and a 12 month high of $23.28. The business’s fifty day moving average price is $23.08 and its 200 day moving average price is $22.69.

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.