Hartline Investment Corp Buys 558,665 Shares of Schwab 1-5 Year Corporate Bond ETF $SCHJ

Hartline Investment Corp increased its stake in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 2,999.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 577,290 shares of the company’s stock after acquiring an additional 558,665 shares during the quarter. Schwab 1-5 Year Corporate Bond ETF accounts for approximately 1.6% of Hartline Investment Corp’s portfolio, making the stock its 18th largest position. Hartline Investment Corp owned approximately 2.02% of Schwab 1-5 Year Corporate Bond ETF worth $14,375,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 420.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 19,189 shares of the company’s stock valued at $478,000 after acquiring an additional 15,500 shares in the last quarter. Fortis Group Advisors LLC acquired a new stake in Schwab 1-5 Year Corporate Bond ETF in the 4th quarter valued at $524,000. HighTower Advisors LLC grew its position in Schwab 1-5 Year Corporate Bond ETF by 22.8% in the 4th quarter. HighTower Advisors LLC now owns 186,093 shares of the company’s stock valued at $4,634,000 after purchasing an additional 34,592 shares during the period. Yanni & Associates Investment Advisors LLC acquired a new stake in Schwab 1-5 Year Corporate Bond ETF in the 4th quarter valued at $1,693,000. Finally, Moneywise Inc. acquired a new stake in Schwab 1-5 Year Corporate Bond ETF in the 4th quarter valued at $892,000.

Schwab 1-5 Year Corporate Bond ETF Price Performance

NYSEARCA SCHJ opened at $24.62 on Friday. The company has a fifty day simple moving average of $24.69 and a 200 day simple moving average of $24.83. Schwab 1-5 Year Corporate Bond ETF has a 12-month low of $24.52 and a 12-month 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.