Rational Advisors Inc. Sells 26,144 Shares of Schwab 5-10 Year Corporate Bond ETF $SCHI

Rational Advisors Inc. trimmed its stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 4.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 514,536 shares of the company’s stock after selling 26,144 shares during the period. Schwab 5-10 Year Corporate Bond ETF makes up about 1.2% of Rational Advisors Inc.’s portfolio, making the stock its 18th biggest position. Rational Advisors Inc. owned about 0.11% of Schwab 5-10 Year Corporate Bond ETF worth $11,819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kaizen Financial Strategies raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 6.9% in the third quarter. Kaizen Financial Strategies now owns 335,016 shares of the company’s stock worth $7,699,000 after buying an additional 21,712 shares during the period. Bouchey Financial Group Ltd increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 3.1% during the 3rd quarter. Bouchey Financial Group Ltd now owns 1,308,128 shares of the company’s stock worth $30,192,000 after purchasing an additional 39,894 shares during the period. Gunma Bank Ltd. increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 25.9% during the 3rd quarter. Gunma Bank Ltd. now owns 730,000 shares of the company’s stock worth $16,848,000 after purchasing an additional 150,000 shares during the period. Van Strum & Towne Inc. increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 43.3% during the 4th quarter. Van Strum & Towne Inc. now owns 495,353 shares of the company’s stock worth $11,378,000 after purchasing an additional 149,689 shares during the period. Finally, AssuredPartners Investment Advisors LLC purchased a new position in Schwab 5-10 Year Corporate Bond ETF during the 4th quarter worth $4,720,000.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

SCHI opened at $22.59 on Wednesday. The stock’s fifty day moving average is $22.66 and its two-hundred day moving average is $22.88. Schwab 5-10 Year Corporate Bond ETF has a 52 week low of $22.23 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.