Pin Oak Investment Advisors Inc. Purchases Shares of 3,958 Schwab 5-10 Year Corporate Bond ETF $SCHI

Pin Oak Investment Advisors Inc. purchased a new position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,958 shares of the company’s stock, valued at approximately $88,000.

Other large investors have also recently made changes to their positions in the company. IFP Advisors Inc lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 114.5% during the first quarter. IFP Advisors Inc now owns 7,127 shares of the company’s stock worth $160,000 after purchasing an additional 3,804 shares during the period. EP Wealth Advisors LLC grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 46.5% during the first quarter. EP Wealth Advisors LLC now owns 7,207 shares of the company’s stock worth $162,000 after acquiring an additional 2,288 shares during the period. Avantax Advisory Services Inc. acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the 1st quarter worth approximately $257,000. Goldman Sachs Group Inc. increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 104.6% in the first quarter. Goldman Sachs Group Inc. now owns 49,945 shares of the company’s stock valued at $1,122,000 after buying an additional 25,537 shares in the last quarter. Finally, Signal Advisors Wealth LLC purchased a new position in shares of Schwab 5-10 Year Corporate Bond ETF in the 2nd quarter valued at about $262,000.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of SCHI stock opened at $22.92 on Tuesday. Schwab 5-10 Year Corporate Bond ETF has a 12-month low of $21.59 and a 12-month high of $23.28. The business’s 50 day moving average is $23.09 and its two-hundred day moving average is $22.75.

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.