Commonwealth Equity Services LLC Has $570,000 Holdings in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)

Commonwealth Equity Services LLC grew its holdings in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 107.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,388 shares of the company’s stock after buying an additional 12,112 shares during the period. Commonwealth Equity Services LLC owned 0.28% of Schwab 1-5 Year Corporate Bond ETF worth $570,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Columbus Macro LLC boosted its position in Schwab 1-5 Year Corporate Bond ETF by 127.9% during the fourth 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 during the period. Meridian Wealth Management LLC boosted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 116.1% during the fourth quarter. Meridian Wealth Management LLC now owns 316,135 shares of the company’s stock worth $7,706,000 after acquiring an additional 169,839 shares during the period. White Wing Wealth Management boosted its stake in Schwab 1-5 Year Corporate Bond ETF by 115.5% in the 4th quarter. White Wing Wealth Management now owns 304,127 shares of the company’s stock valued at $7,413,000 after purchasing an additional 162,975 shares during the period. Cape Investment Advisory Inc. increased its position in Schwab 1-5 Year Corporate Bond ETF by 195.2% during the 4th quarter. Cape Investment Advisory Inc. now owns 177,205 shares of the company’s stock worth $4,319,000 after buying an additional 117,181 shares during the period. Finally, White & Co Financial Planning Inc acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the fourth quarter worth $2,480,000.

Schwab 1-5 Year Corporate Bond ETF Stock Performance

SCHJ stock opened at $24.61 on Friday. Schwab 1-5 Year Corporate Bond ETF has a 52 week low of $23.85 and a 52 week high of $24.87. The company’s 50-day simple moving average is $24.53 and its 200 day simple moving average is $24.52.

Schwab 1-5 Year Corporate Bond ETF 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.