SlateStone Wealth LLC Has $8.52 Million Stock Holdings in Schwab 1-5 Year Corporate Bond ETF $SCHJ

SlateStone Wealth LLC raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 65.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 342,171 shares of the company’s stock after purchasing an additional 135,514 shares during the period. SlateStone Wealth LLC owned 1.20% of Schwab 1-5 Year Corporate Bond ETF worth $8,520,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHJ. Hartline Investment Corp boosted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 2,999.5% in the fourth quarter. Hartline Investment Corp now owns 577,290 shares of the company’s stock valued at $14,375,000 after acquiring an additional 558,665 shares during the period. Columbus Macro LLC boosted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 2.9% in the fourth quarter. Columbus Macro LLC now owns 446,316 shares of the company’s stock valued at $11,113,000 after acquiring an additional 12,767 shares during the period. White Wing Wealth Management boosted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 23.7% in the fourth quarter. White Wing Wealth Management now owns 426,746 shares of the company’s stock valued at $10,626,000 after acquiring an additional 81,743 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 0.7% in the third quarter. Envestnet Asset Management Inc. now owns 377,783 shares of the company’s stock valued at $9,424,000 after acquiring an additional 2,800 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 5.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 331,346 shares of the company’s stock valued at $8,257,000 after acquiring an additional 16,217 shares during the period.

Schwab 1-5 Year Corporate Bond ETF Price Performance

SCHJ opened at $24.61 on Friday. Schwab 1-5 Year Corporate Bond ETF has a 1-year low of $24.52 and a 1-year high of $25.05. The business has a 50 day moving average of $24.68 and a 200-day moving average of $24.82.

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.