Peapack Gladstone Financial Corp Invests $278,000 in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)

Peapack Gladstone Financial Corp acquired a new position in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,610 shares of the company’s stock, valued at approximately $278,000. Peapack Gladstone Financial Corp owned 0.07% of Schwab 1-5 Year Corporate Bond ETF at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Commonwealth Equity Services LLC increased its position in shares of Schwab 1-5 Year Corporate Bond ETF by 4.7% during the second quarter. Commonwealth Equity Services LLC now owns 10,927 shares of the company’s stock valued at $528,000 after buying an additional 495 shares during the period. Clearwater Capital Advisors LLC lifted its stake in Schwab 1-5 Year Corporate Bond ETF by 13.5% in the 2nd quarter. Clearwater Capital Advisors LLC now owns 19,424 shares of the company’s stock worth $938,000 after purchasing an additional 2,305 shares in the last quarter. TAP Consulting LLC boosted its holdings in Schwab 1-5 Year Corporate Bond ETF by 9.2% in the 2nd quarter. TAP Consulting LLC now owns 155,617 shares of the company’s stock valued at $7,513,000 after purchasing an additional 13,146 shares during the period. Stonekeep Investments LLC purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the 2nd quarter valued at $768,000. Finally, Cahill Financial Advisors Inc. increased its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 2.2% in the second quarter. Cahill Financial Advisors Inc. now owns 25,218 shares of the company’s stock worth $1,218,000 after purchasing an additional 551 shares during the period.

Schwab 1-5 Year Corporate Bond ETF Trading Down 0.1 %

Shares of SCHJ stock opened at $24.36 on Friday. Schwab 1-5 Year Corporate Bond ETF has a 52-week low of $23.84 and a 52-week high of $24.86. The business’s fifty day moving average is $24.45 and its 200 day moving average is $24.49.

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.