Creative Planning Grows Stake in Schwab 5-10 Year Corporate Bond ETF $SCHI

Creative Planning increased its holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 8.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,651 shares of the company’s stock after purchasing an additional 6,154 shares during the period. Creative Planning’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,767,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SCHI. Jane Street Group LLC grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 22,184.5% during the 1st quarter. Jane Street Group LLC now owns 7,677,664 shares of the company’s stock valued at $172,440,000 after buying an additional 7,643,211 shares in the last quarter. Bouchey Financial Group Ltd boosted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 12.0% during the 2nd quarter. Bouchey Financial Group Ltd now owns 1,268,234 shares of the company’s stock valued at $28,865,000 after acquiring an additional 135,657 shares during the last quarter. Rational Advisors Inc. grew its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 43.3% in the second quarter. Rational Advisors Inc. now owns 551,209 shares of the company’s stock valued at $12,546,000 after purchasing an additional 166,675 shares in the last quarter. Christopher J. Hasenberg Inc bought a new stake in Schwab 5-10 Year Corporate Bond ETF in the second quarter worth $11,635,000. Finally, LPL Financial LLC raised its stake in Schwab 5-10 Year Corporate Bond ETF by 31.6% during the first quarter. LPL Financial LLC now owns 314,553 shares of the company’s stock valued at $7,065,000 after purchasing an additional 75,466 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Price Performance

Shares of NYSEARCA:SCHI opened at $23.20 on Thursday. The firm has a fifty day simple moving average of $23.08 and a two-hundred day simple moving average of $22.78. Schwab 5-10 Year Corporate Bond ETF has a 52 week low of $21.59 and a 52 week high of $23.28.

Schwab 5-10 Year Corporate Bond ETF 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.