Destiny Wealth Partners LLC Makes New $12.25 Million Investment in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Destiny Wealth Partners LLC bought a new position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHIFree Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 555,188 shares of the company’s stock, valued at approximately $12,253,000. Schwab 5-10 Year Corporate Bond ETF accounts for about 2.0% of Destiny Wealth Partners LLC’s investment portfolio, making the stock its 12th largest position.

A number of other large investors have also added to or reduced their stakes in SCHI. Campbell Wealth Management bought a new stake in Schwab 5-10 Year Corporate Bond ETF in the 3rd quarter worth approximately $102,179,000. San Luis Wealth Advisors LLC grew its position in Schwab 5-10 Year Corporate Bond ETF by 135.4% in the 4th quarter. San Luis Wealth Advisors LLC now owns 1,043,209 shares of the company’s stock worth $23,024,000 after purchasing an additional 600,055 shares during the period. WT Wealth Management bought a new stake in Schwab 5-10 Year Corporate Bond ETF in the 3rd quarter worth approximately $20,588,000. Janney Montgomery Scott LLC boosted its stake 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 acquiring an additional 418,097 shares during the last quarter. Finally, White & Co Financial Planning Inc purchased a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the 4th quarter worth $7,222,000.

Schwab 5-10 Year Corporate Bond ETF Trading Down 0.2 %

Shares of Schwab 5-10 Year Corporate Bond ETF stock opened at $22.22 on Friday. The company’s fifty day simple moving average is $22.21 and its 200-day simple moving average is $22.51. Schwab 5-10 Year Corporate Bond ETF has a 1-year low of $21.50 and a 1-year high of $23.21.

Schwab 5-10 Year Corporate Bond ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

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