Schwab 5-10 Year Corporate Bond ETF $SCHI Stake Boosted by Bouchey Financial Group Ltd

Bouchey Financial Group Ltd lifted its stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 3.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,308,128 shares of the company’s stock after purchasing an additional 39,894 shares during the quarter. Schwab 5-10 Year Corporate Bond ETF comprises 2.3% of Bouchey Financial Group Ltd’s portfolio, making the stock its 11th largest position. Bouchey Financial Group Ltd owned approximately 0.31% of Schwab 5-10 Year Corporate Bond ETF worth $30,192,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its position in Schwab 5-10 Year Corporate Bond ETF by 18.1% in the third quarter. Farther Finance Advisors LLC now owns 3,273 shares of the company’s stock worth $76,000 after buying an additional 501 shares during the period. Morton Brown Family Wealth LLC grew its position in shares of Schwab 5-10 Year Corporate Bond ETF by 5.6% during the third quarter. Morton Brown Family Wealth LLC now owns 10,578 shares of the company’s stock worth $244,000 after acquiring an additional 562 shares during the last quarter. Godsey & Gibb Inc. increased its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 53.8% in the 3rd quarter. Godsey & Gibb Inc. now owns 1,633 shares of the company’s stock worth $38,000 after acquiring an additional 571 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Schwab 5-10 Year Corporate Bond ETF by 2.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 22,098 shares of the company’s stock valued at $503,000 after purchasing an additional 619 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in Schwab 5-10 Year Corporate Bond ETF by 78.4% in the 2nd quarter. Bank of Montreal Can now owns 1,570 shares of the company’s stock valued at $36,000 after purchasing an additional 690 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

NYSEARCA SCHI opened at $22.98 on Friday. The company has a 50-day moving average price of $23.04 and a two-hundred day moving average price of $23.04. 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 Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, March 6th. Investors of record on Monday, March 2nd will be given a $0.0936 dividend. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date is Monday, March 2nd.

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.