Truist Financial Corp Acquires 141,007 Shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Truist Financial Corp boosted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 97.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 286,265 shares of the company’s stock after acquiring an additional 141,007 shares during the quarter. Truist Financial Corp’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $6,318,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. raised its position in Schwab 5-10 Year Corporate Bond ETF by 66.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 141,304 shares of the company’s stock valued at $6,511,000 after acquiring an additional 56,276 shares in the last quarter. JPMorgan Chase & Co. raised its position in Schwab 5-10 Year Corporate Bond ETF by 16.3% during the third quarter. JPMorgan Chase & Co. now owns 147,208 shares of the company’s stock valued at $6,795,000 after acquiring an additional 20,658 shares in the last quarter. Transform Wealth LLC raised its position in Schwab 5-10 Year Corporate Bond ETF by 91.9% during the fourth quarter. Transform Wealth LLC now owns 60,843 shares of the company’s stock valued at $1,343,000 after acquiring an additional 29,142 shares in the last quarter. Koshinski Asset Management Inc. raised its position in Schwab 5-10 Year Corporate Bond ETF by 16.4% during the fourth quarter. Koshinski Asset Management Inc. now owns 30,172 shares of the company’s stock valued at $666,000 after acquiring an additional 4,242 shares in the last quarter. Finally, FC Advisory LLC raised its position in Schwab 5-10 Year Corporate Bond ETF by 100.5% during the fourth quarter. FC Advisory LLC now owns 17,600 shares of the company’s stock valued at $388,000 after acquiring an additional 8,822 shares in the last quarter.

Schwab 5-10 Year Corporate Bond ETF Stock Up 0.4 %

Shares of SCHI opened at $22.33 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 firm’s 50 day moving average price is $22.12 and its 200 day moving average price is $22.49.

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.