Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Stock Position Raised by White Wing Wealth Management

White Wing Wealth Management lifted its position in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 115.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 304,127 shares of the company’s stock after buying an additional 162,975 shares during the quarter. Schwab 1-5 Year Corporate Bond ETF accounts for approximately 5.5% of White Wing Wealth Management’s portfolio, making the stock its 7th biggest position. White Wing Wealth Management’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $7,413,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Columbus Macro LLC grew its stake in Schwab 1-5 Year Corporate Bond ETF by 127.9% during the 4th quarter. Columbus Macro LLC now owns 439,079 shares of the company’s stock worth $10,703,000 after purchasing an additional 246,402 shares in the last quarter. Meridian Wealth Management LLC acquired a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter worth about $7,258,000. White & Co Financial Planning Inc acquired a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the 4th quarter worth about $2,480,000. Kades & Cheifetz LLC boosted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 116.4% during the 4th quarter. Kades & Cheifetz LLC now owns 186,286 shares of the company’s stock worth $4,541,000 after acquiring an additional 100,187 shares in the last quarter. Finally, Sightline Wealth Advisors LLC acquired a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the 4th quarter worth about $2,077,000.

Schwab 1-5 Year Corporate Bond ETF Price Performance

NYSEARCA:SCHJ opened at $24.48 on Friday. The stock has a 50-day simple moving average of $24.41 and a 200-day simple moving average of $24.53. Schwab 1-5 Year Corporate Bond ETF has a 1 year low of $23.84 and a 1 year high of $24.86.

Schwab 1-5 Year Corporate Bond ETF Company Profile

The Schwab 1-5 Year Corporate Bond ETF (SCHJ) 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 short-term maturities of 1-5 years. SCHJ was launched on Oct 10, 2019 and is managed by Charles Schwab.