Waverly Advisors LLC Makes New Investment in Schwab 1-5 Year Corporate Bond ETF $SCHJ

Waverly Advisors LLC purchased a new stake in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 188,438 shares of the company’s stock, valued at approximately $4,659,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Nalls Sherbakoff Group LLC acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the fourth quarter valued at approximately $26,000. Geneos Wealth Management Inc. acquired a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the 1st quarter worth approximately $27,000. LGT Financial Advisors LLC acquired a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter worth approximately $33,000. Cassaday & Co Wealth Management LLC purchased a new stake in Schwab 1-5 Year Corporate Bond ETF in the 1st quarter valued at approximately $39,000. Finally, Fifth Third Bancorp purchased a new stake in Schwab 1-5 Year Corporate Bond ETF in the 1st quarter valued at approximately $49,000.

Schwab 1-5 Year Corporate Bond ETF Trading Up 0.1%

Shares of NYSEARCA:SCHJ opened at $24.52 on Wednesday. The business’s fifty day moving average price is $24.59 and its two-hundred day moving average price is $24.73. Schwab 1-5 Year Corporate Bond ETF has a one year low of $24.45 and a one year high of $25.05.

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.