Cascades Capital Asset Management LLC Purchases 49,029 Shares of Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI)

Cascades Capital Asset Management LLC grew its position in Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) by 237.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 69,699 shares of the company’s stock after buying an additional 49,029 shares during the period. Schwab 5-10 Year Corporate Bond ETF makes up about 0.8% of Cascades Capital Asset Management LLC’s investment portfolio, making the stock its 28th largest holding. Cascades Capital Asset Management LLC’s holdings in Schwab 5-10 Year Corporate Bond ETF were worth $1,538,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Elevation Wealth Partners LLC boosted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% during the fourth quarter. Elevation Wealth Partners LLC now owns 1,116 shares of the company’s stock valued at $25,000 after buying an additional 558 shares during the last quarter. Archer Investment Corp boosted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% during the 4th quarter. Archer Investment Corp now owns 1,268 shares of the company’s stock valued at $28,000 after acquiring an additional 634 shares during the last quarter. MCF Advisors LLC grew its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% in the fourth quarter. MCF Advisors LLC now owns 1,356 shares of the company’s stock worth $30,000 after acquiring an additional 678 shares during the period. Gables Capital Management Inc. raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 100.0% during the fourth quarter. Gables Capital Management Inc. now owns 1,378 shares of the company’s stock valued at $30,000 after purchasing an additional 689 shares during the last quarter. Finally, SYM FINANCIAL Corp lifted its position in Schwab 5-10 Year Corporate Bond ETF by 100.0% during the fourth quarter. SYM FINANCIAL Corp now owns 1,380 shares of the company’s stock valued at $30,000 after purchasing an additional 690 shares during the period.

Schwab 5-10 Year Corporate Bond ETF Stock Down 0.3 %

NYSEARCA:SCHI opened at $22.46 on Friday. The company has a 50 day simple moving average of $22.32 and a two-hundred day simple moving average of $22.40. Schwab 5-10 Year Corporate Bond ETF has a 12 month low of $21.50 and a 12 month 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.