Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Stake Raised by Prairiewood Capital LLC

Prairiewood Capital LLC raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 189.7% during the 4th quarter, HoldingsChannel reports. The fund owned 69,193 shares of the company’s stock after purchasing an additional 45,312 shares during the period. Schwab 5-10 Year Corporate Bond ETF accounts for approximately 0.7% of Prairiewood Capital LLC’s portfolio, making the stock its 28th biggest holding. Prairiewood Capital LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,527,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Renaissance Technologies LLC boosted its position in Schwab 5-10 Year Corporate Bond ETF by 26.5% during the second quarter. Renaissance Technologies LLC now owns 22,900 shares of the company’s stock valued at $1,010,000 after purchasing an additional 4,804 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 189.9% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 18,152 shares of the company’s stock valued at $801,000 after buying an additional 11,890 shares during the last quarter. Semmax Financial Advisors Inc. grew its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 11.3% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 135,360 shares of the company’s stock valued at $6,149,000 after buying an additional 13,726 shares in the last quarter. Creative Planning increased its holdings in Schwab 5-10 Year Corporate Bond ETF by 101.6% in the second quarter. Creative Planning now owns 32,627 shares of the company’s stock worth $1,439,000 after buying an additional 16,439 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 57.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,389 shares of the company’s stock valued at $282,000 after acquiring an additional 2,328 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of SCHI opened at $22.07 on Tuesday. The company’s fifty day moving average is $22.24 and its 200-day moving average is $22.52. Schwab 5-10 Year Corporate Bond ETF has a 12 month low of $21.50 and a 12 month high of $23.21.

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.