Schwab 5-10 Year Corporate Bond ETF $SCHI Shares Sold by Assetmark Inc.

Assetmark Inc. reduced its holdings in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 39.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 55,594 shares of the company’s stock after selling 35,754 shares during the quarter. Assetmark Inc.’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,277,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Captrust Financial Advisors lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 3.0% in the 3rd quarter. Captrust Financial Advisors now owns 7,464,403 shares of the company’s stock valued at $172,278,000 after purchasing an additional 220,599 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 0.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 7,363,237 shares of the company’s stock valued at $169,944,000 after purchasing an additional 26,940 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 3.9% in the 2nd quarter. Raymond James Financial Inc. now owns 2,481,036 shares of the company’s stock valued at $56,468,000 after purchasing an additional 94,129 shares during the last quarter. Bouchey Financial Group Ltd lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 9.1% in the 4th quarter. Bouchey Financial Group Ltd now owns 1,427,118 shares of the company’s stock valued at $32,781,000 after purchasing an additional 118,990 shares during the last quarter. Finally, Gunma Bank Ltd. raised its position in Schwab 5-10 Year Corporate Bond ETF by 25.9% in the 3rd quarter. Gunma Bank Ltd. now owns 730,000 shares of the company’s stock valued at $16,848,000 after purchasing an additional 150,000 shares during the last quarter.

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

SCHI stock opened at $22.80 on Wednesday. The company has a fifty day moving average price of $22.86 and a 200 day moving average price of $22.97. Schwab 5-10 Year Corporate Bond ETF has a 12 month low of $22.06 and a 12 month high of $23.28.

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.