Schwab 1-5 Year Corporate Bond ETF $SCHJ Shares Sold by Meridian Wealth Management LLC

Meridian Wealth Management LLC reduced its holdings in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 25.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 294,657 shares of the company’s stock after selling 101,195 shares during the quarter. Meridian Wealth Management LLC owned 1.04% of Schwab 1-5 Year Corporate Bond ETF worth $7,337,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SCHJ. Van Strum & Towne Inc. increased its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 8.6% in the fourth quarter. Van Strum & Towne Inc. now owns 177,901 shares of the company’s stock worth $4,430,000 after buying an additional 14,125 shares during the last quarter. D.B. Root & Company LLC grew its holdings in Schwab 1-5 Year Corporate Bond ETF by 9.6% during the 4th quarter. D.B. Root & Company LLC now owns 9,350 shares of the company’s stock worth $233,000 after acquiring an additional 820 shares in the last quarter. Mutual Advisors LLC increased its position in shares of Schwab 1-5 Year Corporate Bond ETF by 0.9% in the 4th quarter. Mutual Advisors LLC now owns 52,891 shares of the company’s stock worth $1,317,000 after purchasing an additional 483 shares during the last quarter. Pure Portfolios Holdings LLC increased its position in shares of Schwab 1-5 Year Corporate Bond ETF by 8.2% in the 4th quarter. Pure Portfolios Holdings LLC now owns 160,487 shares of the company’s stock worth $3,996,000 after purchasing an additional 12,204 shares during the last quarter. Finally, Seek First Inc. raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 1.7% in the 4th quarter. Seek First Inc. now owns 33,676 shares of the company’s stock valued at $839,000 after purchasing an additional 553 shares in the last quarter.

Schwab 1-5 Year Corporate Bond ETF Stock Down 0.1%

Shares of SCHJ stock opened at $24.67 on Tuesday. Schwab 1-5 Year Corporate Bond ETF has a one year low of $24.49 and a one year high of $25.05. The company’s 50-day simple moving average is $24.74 and its 200-day simple moving average is $24.86.

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.