Meridian Wealth Management LLC Increases Stake in Schwab 1-5 Year Corporate Bond ETF $SCHJ

Meridian Wealth Management LLC increased its stake in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 6.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 395,852 shares of the company’s stock after acquiring an additional 23,267 shares during the period. Meridian Wealth Management LLC’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $9,875,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Foundations Investment Advisors LLC raised its stake in Schwab 1-5 Year Corporate Bond ETF by 5.9% during the third quarter. Foundations Investment Advisors LLC now owns 105,164 shares of the company’s stock worth $2,623,000 after purchasing an additional 5,815 shares during the period. AE Wealth Management LLC acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter worth $35,000. Sightline Wealth Advisors LLC increased its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 114.5% during the 3rd quarter. Sightline Wealth Advisors LLC now owns 139,357 shares of the company’s stock worth $3,476,000 after buying an additional 74,390 shares during the last quarter. White Wing Wealth Management raised its position in shares of Schwab 1-5 Year Corporate Bond ETF by 6.5% in the 3rd quarter. White Wing Wealth Management now owns 345,003 shares of the company’s stock worth $8,594,000 after buying an additional 20,970 shares during the period. Finally, Modera Wealth Management LLC boosted its holdings in Schwab 1-5 Year Corporate Bond ETF by 3.7% in the third quarter. Modera Wealth Management LLC now owns 213,106 shares of the company’s stock valued at $5,316,000 after acquiring an additional 7,657 shares during the last quarter.

Schwab 1-5 Year Corporate Bond ETF Price Performance

SCHJ stock opened at $24.98 on Friday. The stock has a 50-day moving average price of $24.91 and a two-hundred day moving average price of $24.89. Schwab 1-5 Year Corporate Bond ETF has a 12-month low of $24.23 and a 12-month high of $25.02.

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.