HighTower Advisors LLC Has $2.38 Million Stock Position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

HighTower Advisors LLC increased its position in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 168.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,808 shares of the company’s stock after purchasing an additional 67,599 shares during the quarter. HighTower Advisors LLC owned approximately 0.07% of Schwab 5-10 Year Corporate Bond ETF worth $2,379,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in SCHI. B. Riley Wealth Advisors Inc. grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 66.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 141,304 shares of the company’s stock worth $6,511,000 after acquiring an additional 56,276 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 7.6% during the 4th quarter. Sanctuary Advisors LLC now owns 77,612 shares of the company’s stock worth $1,728,000 after acquiring an additional 5,497 shares during the last quarter. Principal Securities Inc. grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 226.4% during the 4th quarter. Principal Securities Inc. now owns 7,240 shares of the company’s stock worth $160,000 after acquiring an additional 5,022 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 16.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 147,208 shares of the company’s stock worth $6,795,000 after acquiring an additional 20,658 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in Schwab 5-10 Year Corporate Bond ETF by 135.6% during the 4th quarter. Assetmark Inc. now owns 62,619 shares of the company’s stock worth $1,382,000 after acquiring an additional 36,039 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Price Performance

Shares of NYSEARCA:SCHI opened at $22.42 on Friday. Schwab 5-10 Year Corporate Bond ETF has a 12 month low of $21.50 and a 12 month high of $23.21. The company’s 50-day moving average price is $22.25 and its two-hundred day moving average price is $22.44.

About Schwab 5-10 Year Corporate Bond ETF

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.