Envestnet Portfolio Solutions Inc. Purchases New Holdings in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Envestnet Portfolio Solutions Inc. acquired a new position in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 12,817 shares of the company’s stock, valued at approximately $288,000.

Other large investors also recently bought and sold shares of the company. White & Co Financial Planning Inc acquired a new position in shares of Schwab 5-10 Year Corporate Bond ETF in the 4th quarter valued at $7,222,000. Assetmark Inc. raised its holdings in Schwab 5-10 Year Corporate Bond ETF by 135.6% in the 4th quarter. Assetmark Inc. now owns 62,619 shares of the company’s stock valued at $1,382,000 after buying an additional 36,039 shares during the period. Atria Investments Inc raised its holdings in Schwab 5-10 Year Corporate Bond ETF by 642.1% in the 4th quarter. Atria Investments Inc now owns 131,345 shares of the company’s stock valued at $2,899,000 after buying an additional 113,646 shares during the period. Raymond James Financial Inc. acquired a new position in Schwab 5-10 Year Corporate Bond ETF in the fourth quarter valued at about $52,702,000. Finally, PNC Financial Services Group Inc. boosted its stake in Schwab 5-10 Year Corporate Bond ETF by 177.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,444 shares of the company’s stock worth $32,000 after buying an additional 924 shares during the period.

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

Shares of SCHI opened at $22.67 on Monday. The firm has a 50-day simple moving average of $22.34 and a two-hundred day simple moving average of $22.25. Schwab 5-10 Year Corporate Bond ETF has a 1-year low of $21.59 and a 1-year high of $23.21.

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.