WestHill Financial Advisors Inc. Reduces Holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

WestHill Financial Advisors Inc. lowered its stake in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 233,586 shares of the company’s stock after selling 3,673 shares during the quarter. Schwab 5-10 Year Corporate Bond ETF comprises 2.8% of WestHill Financial Advisors Inc.’s holdings, making the stock its 7th largest holding. WestHill Financial Advisors Inc. owned 0.20% of Schwab 5-10 Year Corporate Bond ETF worth $10,497,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. boosted its position in Schwab 5-10 Year Corporate Bond ETF by 55.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 5,101,055 shares of the company’s stock valued at $215,265,000 after purchasing an additional 1,826,354 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Schwab 5-10 Year Corporate Bond ETF by 1,242.2% during the third quarter. JPMorgan Chase & Co. now owns 416,072 shares of the company’s stock valued at $17,558,000 after purchasing an additional 385,073 shares in the last quarter. Jane Street Group LLC boosted its position in Schwab 5-10 Year Corporate Bond ETF by 427.1% during the second quarter. Jane Street Group LLC now owns 381,262 shares of the company’s stock valued at $16,997,000 after purchasing an additional 308,925 shares in the last quarter. Bouchey Financial Group Ltd acquired a new stake in Schwab 5-10 Year Corporate Bond ETF in the fourth quarter worth about $15,369,000. Finally, Envestnet Asset Management Inc. boosted its holdings in Schwab 5-10 Year Corporate Bond ETF by 45.3% in the third quarter. Envestnet Asset Management Inc. now owns 199,824 shares of the company’s stock worth $8,433,000 after acquiring an additional 62,295 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Price Performance

NYSEARCA SCHI traded down $0.06 during trading on Thursday, hitting $43.23. The company’s stock had a trading volume of 90,076 shares, compared to its average volume of 500,151. The business’s 50 day simple moving average is $44.11 and its 200-day simple moving average is $43.64. Schwab 5-10 Year Corporate Bond ETF has a fifty-two week low of $40.94 and a fifty-two week high of $45.19.

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.