Rialto Wealth Management LLC Makes New $101,000 Investment in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Rialto Wealth Management LLC bought a new stake in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,572 shares of the company’s stock, valued at approximately $101,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Elevation Wealth Partners LLC increased its stake in Schwab 5-10 Year Corporate Bond ETF by 100.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 1,116 shares of the company’s stock valued at $25,000 after acquiring an additional 558 shares during the last quarter. Archer Investment Corp boosted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% in the 4th quarter. Archer Investment Corp now owns 1,268 shares of the company’s stock valued at $28,000 after purchasing an additional 634 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF in the 3rd quarter valued at $29,000. MCF Advisors LLC raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% during the 4th quarter. MCF Advisors LLC now owns 1,356 shares of the company’s stock worth $30,000 after buying an additional 678 shares in the last quarter. Finally, SYM FINANCIAL Corp lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% during the 4th quarter. SYM FINANCIAL Corp now owns 1,380 shares of the company’s stock worth $30,000 after buying an additional 690 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Down 0.1 %

NYSEARCA:SCHI opened at $22.34 on Friday. Schwab 5-10 Year Corporate Bond ETF has a twelve month low of $21.50 and a twelve month high of $23.21. The stock’s 50-day simple moving average is $22.18 and its 200 day simple moving average is $22.47.

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.