United Capital Financial Advisors LLC Increases Stock Position in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)

United Capital Financial Advisors LLC lifted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 77.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,200 shares of the company’s stock after buying an additional 14,050 shares during the period. United Capital Financial Advisors LLC owned about 0.39% of Schwab 1-5 Year Corporate Bond ETF worth $785,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SCHJ. Avior Wealth Management LLC boosted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 100.0% during the 4th quarter. Avior Wealth Management LLC now owns 1,220 shares of the company’s stock worth $30,000 after purchasing an additional 610 shares in the last quarter. Blair William & Co. IL acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the fourth quarter valued at about $28,000. Brookstone Capital Management boosted its holdings in Schwab 1-5 Year Corporate Bond ETF by 25.2% during the fourth quarter. Brookstone Capital Management now owns 9,845 shares of the company’s stock worth $240,000 after buying an additional 1,982 shares in the last quarter. Salem Investment Counselors Inc. purchased a new position in Schwab 1-5 Year Corporate Bond ETF in the fourth quarter valued at about $54,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Schwab 1-5 Year Corporate Bond ETF in the third quarter valued at about $134,000.

Schwab 1-5 Year Corporate Bond ETF Price Performance

Shares of NYSEARCA:SCHJ opened at $24.54 on Friday. The business’s 50 day simple moving average is $24.53 and its 200-day simple moving average is $24.49. Schwab 1-5 Year Corporate Bond ETF has a 12 month low of $23.86 and a 12 month high of $24.87.

About Schwab 1-5 Year Corporate Bond ETF

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.