Citizens National Bank Trust Department Acquires 47,662 Shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Citizens National Bank Trust Department boosted its holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 101.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,628 shares of the company’s stock after purchasing an additional 47,662 shares during the period. Citizens National Bank Trust Department’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $2,088,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHI. Campbell Wealth Management boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 156.7% during the 4th quarter. Campbell Wealth Management now owns 5,681,777 shares of the company’s stock worth $125,397,000 after buying an additional 3,468,198 shares during the last quarter. San Luis Wealth Advisors LLC boosted its position in Schwab 5-10 Year Corporate Bond ETF by 135.4% during the fourth quarter. San Luis Wealth Advisors LLC now owns 1,043,209 shares of the company’s stock valued at $23,024,000 after purchasing an additional 600,055 shares during the last quarter. Destiny Wealth Partners LLC bought a new position in Schwab 5-10 Year Corporate Bond ETF in the fourth quarter valued at approximately $12,253,000. Janney Montgomery Scott LLC increased its position in shares of Schwab 5-10 Year Corporate Bond ETF by 94.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 861,598 shares of the company’s stock worth $19,015,000 after purchasing an additional 418,097 shares during the last quarter. Finally, Gunma Bank Ltd. raised its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 251.5% during the 4th quarter. Gunma Bank Ltd. now owns 580,000 shares of the company’s stock worth $12,801,000 after purchasing an additional 415,000 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Price Performance

NYSEARCA:SCHI opened at $22.22 on Thursday. Schwab 5-10 Year Corporate Bond ETF has a 1-year low of $21.50 and a 1-year high of $23.21. The firm has a fifty day simple moving average of $22.12 and a 200 day simple moving average of $22.49.

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.