Joule Financial LLC Raises Stock Position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Joule Financial LLC grew its position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 100.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,582 shares of the company’s stock after buying an additional 12,791 shares during the period. Joule Financial LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $565,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. RiverFront Investment Group LLC increased its stake in Schwab 5-10 Year Corporate Bond ETF by 2.3% during the second quarter. RiverFront Investment Group LLC now owns 3,954,083 shares of the company’s stock worth $174,375,000 after acquiring an additional 90,191 shares during the last quarter. Campbell Wealth Management acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter worth about $102,179,000. Raymond James & Associates raised its holdings in Schwab 5-10 Year Corporate Bond ETF by 14.4% in the 3rd quarter. Raymond James & Associates now owns 1,123,215 shares of the company’s stock valued at $51,848,000 after buying an additional 141,270 shares during the period. San Luis Wealth Advisors LLC boosted its stake in Schwab 5-10 Year Corporate Bond ETF by 135.4% during the fourth quarter. San Luis Wealth Advisors LLC now owns 1,043,209 shares of the company’s stock worth $23,024,000 after buying an additional 600,055 shares during the period. Finally, WT Wealth Management acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the third quarter valued at about $20,588,000.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of SCHI stock opened at $22.07 on Friday. The firm’s 50 day moving average price is $22.24 and its 200-day moving average price is $22.51. Schwab 5-10 Year Corporate Bond ETF has a one year low of $21.50 and a one year 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.