Cetera Investment Advisers Acquires 110,482 Shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Cetera Investment Advisers increased its holdings in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 127.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 196,840 shares of the company’s stock after purchasing an additional 110,482 shares during the period. Cetera Investment Advisers owned 0.13% of Schwab 5-10 Year Corporate Bond ETF worth $4,344,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Sanctuary Advisors LLC boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 7.6% in the fourth quarter. Sanctuary Advisors LLC now owns 77,612 shares of the company’s stock valued at $1,728,000 after buying an additional 5,497 shares during the period. Principal Securities Inc. boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 226.4% in the fourth quarter. Principal Securities Inc. now owns 7,240 shares of the company’s stock valued at $160,000 after buying an additional 5,022 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 16.3% in the third quarter. JPMorgan Chase & Co. now owns 147,208 shares of the company’s stock valued at $6,795,000 after buying an additional 20,658 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 177.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,444 shares of the company’s stock valued at $32,000 after buying an additional 924 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 130.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 47,050 shares of the company’s stock valued at $1,038,000 after buying an additional 26,668 shares during the period.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of SCHI opened at $22.13 on Thursday. Schwab 5-10 Year Corporate Bond ETF has a one year low of $21.59 and a one year high of $23.21. The firm has a 50 day simple moving average of $22.25 and a two-hundred day simple moving average of $22.26.

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.