Hartline Investment Corp Buys 63,035 Shares of Schwab 1-5 Year Corporate Bond ETF $SCHJ

Hartline Investment Corp grew its stake in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 10.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 640,325 shares of the company’s stock after acquiring an additional 63,035 shares during the quarter. Schwab 1-5 Year Corporate Bond ETF comprises approximately 1.7% of Hartline Investment Corp’s portfolio, making the stock its 15th biggest position. Hartline Investment Corp’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $15,832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in SCHJ. Nalls Sherbakoff Group LLC purchased a new position in Schwab 1-5 Year Corporate Bond ETF in the 4th quarter worth about $26,000. Geneos Wealth Management Inc. purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the 1st quarter valued at about $27,000. LGT Financial Advisors LLC bought a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the 3rd quarter worth approximately $33,000. Comerica Bank bought a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the 4th quarter worth approximately $50,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the 2nd quarter worth $60,000.

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

SCHJ stock opened at $24.56 on Wednesday. Schwab 1-5 Year Corporate Bond ETF has a twelve month low of $24.52 and a twelve month high of $25.05. The business’s 50-day moving average price is $24.63 and its 200-day moving average price is $24.77.

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.