Farther Finance Advisors LLC Has $406,000 Stock Position in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)

Farther Finance Advisors LLC increased its position in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 154.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,668 shares of the company’s stock after purchasing an additional 10,115 shares during the quarter. Farther Finance Advisors LLC’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $406,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. HighTower Advisors LLC grew its stake in Schwab 1-5 Year Corporate Bond ETF by 79.0% in the fourth quarter. HighTower Advisors LLC now owns 145,245 shares of the company’s stock valued at $3,540,000 after acquiring an additional 64,084 shares during the period. King Luther Capital Management Corp lifted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 172.9% in the 4th quarter. King Luther Capital Management Corp now owns 12,405 shares of the company’s stock worth $302,000 after purchasing an additional 7,860 shares in the last quarter. Altiora Financial Group LLC grew its position in Schwab 1-5 Year Corporate Bond ETF by 100.0% in the 4th quarter. Altiora Financial Group LLC now owns 69,420 shares of the company’s stock valued at $1,692,000 after purchasing an additional 34,710 shares during the period. Coordinated Financial Services Inc. bought a new stake in Schwab 1-5 Year Corporate Bond ETF during the 4th quarter valued at $555,000. Finally, HM Payson & Co. raised its holdings in Schwab 1-5 Year Corporate Bond ETF by 100.0% during the fourth quarter. HM Payson & Co. now owns 150,000 shares of the company’s stock worth $3,656,000 after buying an additional 75,000 shares during the last quarter.

Schwab 1-5 Year Corporate Bond ETF Stock Performance

Shares of NYSEARCA SCHJ opened at $24.51 on Tuesday. The company has a 50-day moving average price of $24.47 and a 200-day moving average price of $24.53. Schwab 1-5 Year Corporate Bond ETF has a 1 year low of $23.85 and a 1 year high of $24.87.

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.