Signet Financial Management LLC Has $3.10 Million Stock Position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Signet Financial Management LLC increased its stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 103.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 140,479 shares of the company’s stock after buying an additional 71,349 shares during the quarter. Signet Financial Management LLC owned approximately 0.10% of Schwab 5-10 Year Corporate Bond ETF worth $3,100,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. RiverFront Investment Group LLC lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 2.3% in the second quarter. RiverFront Investment Group LLC now owns 3,954,083 shares of the company’s stock valued at $174,375,000 after acquiring an additional 90,191 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 11.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,685,393 shares of the company’s stock valued at $162,526,000 after purchasing an additional 387,815 shares during the last quarter. Campbell Wealth Management bought a new position in Schwab 5-10 Year Corporate Bond ETF during the third quarter worth about $102,179,000. Raymond James & Associates increased its position in Schwab 5-10 Year Corporate Bond ETF by 14.4% during the third quarter. Raymond James & Associates now owns 1,123,215 shares of the company’s stock worth $51,848,000 after buying an additional 141,270 shares during the last quarter. Finally, WT Wealth Management bought a new stake in Schwab 5-10 Year Corporate Bond ETF in the third quarter valued at approximately $20,588,000.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of SCHI traded down $0.07 during mid-day trading on Monday, reaching $21.77. The company’s stock had a trading volume of 982,747 shares, compared to its average volume of 816,850. Schwab 5-10 Year Corporate Bond ETF has a 1-year low of $21.50 and a 1-year high of $23.21. The business has a 50-day simple moving average of $22.28 and a two-hundred day simple moving average of $22.52.

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.