Essex LLC Has $1.90 Million Holdings in Schwab 5-10 Year Corporate Bond ETF $SCHI

Essex LLC lessened its holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 33.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 82,726 shares of the company’s stock after selling 41,060 shares during the period. Essex LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,900,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Captrust Financial Advisors lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 3.0% in the third quarter. Captrust Financial Advisors now owns 7,464,403 shares of the company’s stock worth $172,278,000 after acquiring an additional 220,599 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 0.4% during 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. increased its position in Schwab 5-10 Year Corporate Bond ETF by 3.9% during the 2nd quarter. Raymond James Financial Inc. now owns 2,481,036 shares of the company’s stock worth $56,468,000 after purchasing an additional 94,129 shares in the last quarter. Bouchey Financial Group Ltd increased its position in Schwab 5-10 Year Corporate Bond ETF by 9.1% during the 4th quarter. Bouchey Financial Group Ltd now owns 1,427,118 shares of the company’s stock worth $32,781,000 after purchasing an additional 118,990 shares in the last quarter. Finally, Gunma Bank Ltd. lifted its stake 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 Price Performance

Shares of NYSEARCA:SCHI opened at $22.68 on Friday. Schwab 5-10 Year Corporate Bond ETF has a one year low of $21.59 and a one year high of $23.28. The firm has a 50 day simple moving average of $22.91 and a 200 day simple moving average of $23.00.

Schwab 5-10 Year Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.0936 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 5.0%.

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.