Wealth Enhancement Advisory Services LLC Cuts Stock Holdings in Schwab 5-10 Year Corporate Bond ETF $SCHI

Wealth Enhancement Advisory Services LLC reduced its position in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 5.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,882 shares of the company’s stock after selling 3,070 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,219,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SCHI. Transce3nd LLC acquired a new position in Schwab 5-10 Year Corporate Bond ETF in the first quarter valued at approximately $30,000. GAMMA Investing LLC purchased a new position in Schwab 5-10 Year Corporate Bond ETF in the first quarter worth approximately $46,000. Continuum Advisory LLC purchased a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the first quarter worth $54,000. Allworth Financial LP boosted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 95.2% during the first quarter. Allworth Financial LP now owns 2,764 shares of the company’s stock worth $62,000 after buying an additional 1,348 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 946.1% during the first quarter. Geneos Wealth Management Inc. now owns 2,929 shares of the company’s stock worth $66,000 after buying an additional 2,649 shares during the period.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

SCHI opened at $23.08 on Wednesday. Schwab 5-10 Year Corporate Bond ETF has a 52 week low of $21.59 and a 52 week high of $23.25. The business has a fifty day simple moving average of $22.91 and a 200-day simple moving average of $22.55.

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.