Monetary Solutions Ltd Buys Shares of 51,555 Schwab 1-5 Year Corporate Bond ETF $SCHJ

Monetary Solutions Ltd bought a new stake in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) in the 4th quarter, Holdings Channel reports. The institutional investor bought 51,555 shares of the company’s stock, valued at approximately $1,284,000. Schwab 1-5 Year Corporate Bond ETF makes up approximately 1.3% of Monetary Solutions Ltd’s investment portfolio, making the stock its 16th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the 1st quarter worth approximately $1,666,000. Geneos Wealth Management Inc. acquired a new position in Schwab 1-5 Year Corporate Bond ETF during the first quarter valued at approximately $27,000. Raymond James Financial Inc. acquired a new position in Schwab 1-5 Year Corporate Bond ETF during the second quarter valued at approximately $60,000. Osaic Holdings Inc. raised its position in Schwab 1-5 Year Corporate Bond ETF by 38.7% during the second quarter. Osaic Holdings Inc. now owns 16,751 shares of the company’s stock valued at $416,000 after purchasing an additional 4,677 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in Schwab 1-5 Year Corporate Bond ETF by 0.7% during the third quarter. Envestnet Asset Management Inc. now owns 377,783 shares of the company’s stock worth $9,424,000 after purchasing an additional 2,800 shares during the last quarter.

Schwab 1-5 Year Corporate Bond ETF Stock Up 0.2%

Shares of SCHJ stock opened at $24.61 on Friday. The stock’s fifty day moving average price is $24.67 and its two-hundred day moving average price is $24.80. Schwab 1-5 Year Corporate Bond ETF has a fifty-two week low of $24.52 and a fifty-two week high of $25.05.

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.