Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Position Boosted by RiverFront Investment Group LLC

RiverFront Investment Group LLC increased its holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 2.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,954,083 shares of the company’s stock after acquiring an additional 90,191 shares during the period. Schwab 5-10 Year Corporate Bond ETF comprises approximately 4.6% of RiverFront Investment Group LLC’s portfolio, making the stock its 4th biggest holding. RiverFront Investment Group LLC owned about 2.69% of Schwab 5-10 Year Corporate Bond ETF worth $174,375,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Charles Schwab Investment Advisory Inc. boosted its stake in Schwab 5-10 Year Corporate Bond ETF by 2.8% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 111,203,789 shares of the company’s stock valued at $4,947,457,000 after acquiring an additional 3,069,445 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 8,656.6% during the first quarter. Janney Montgomery Scott LLC now owns 480,300 shares of the company’s stock valued at $21,369,000 after purchasing an additional 474,815 shares during the period. Envestnet Asset Management Inc. increased its position in Schwab 5-10 Year Corporate Bond ETF by 11.8% in the second quarter. Envestnet Asset Management Inc. now owns 3,685,393 shares of the company’s stock worth $162,526,000 after buying an additional 387,815 shares during the last quarter. Raymond James & Associates raised its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 27.9% in the second quarter. Raymond James & Associates now owns 981,945 shares of the company’s stock valued at $43,304,000 after buying an additional 214,492 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the 1st quarter valued at $7,761,000.

Schwab 5-10 Year Corporate Bond ETF Trading Up 0.4 %

SCHI stock opened at $46.16 on Wednesday. The stock has a fifty day moving average of $45.64 and a 200-day moving average of $44.59. Schwab 5-10 Year Corporate Bond ETF has a fifty-two week low of $40.94 and a fifty-two week high of $46.42.

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.