Range Financial Group LLC Takes Position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Range Financial Group LLC acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,685 shares of the company’s stock, valued at approximately $297,000.

A number of other hedge funds have also recently made changes to their positions in SCHI. CVA Family Office LLC bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the fourth quarter valued at about $50,000. American National Bank lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 359.6% during the fourth quarter. American National Bank now owns 1,126 shares of the company’s stock valued at $51,000 after purchasing an additional 881 shares in the last quarter. EP Wealth Advisors LLC bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the third quarter valued at about $126,000. Blue Trust Inc. bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the fourth quarter valued at about $180,000. Finally, Beacon Bridge Wealth Partners LLC bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the third quarter valued at about $211,000.

Schwab 5-10 Year Corporate Bond ETF Price Performance

SCHI opened at $44.37 on Tuesday. The company’s 50-day moving average is $43.84 and its 200 day moving average is $44.18. Schwab 5-10 Year Corporate Bond ETF has a fifty-two week low of $40.94 and a fifty-two week high of $45.19.

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.