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

Waverly Advisors LLC bought a new stake in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 188,438 shares of the company’s stock, valued at approximately $4,659,000. Waverly Advisors LLC owned approximately 0.62% of Schwab 1-5 Year Corporate Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Nalls Sherbakoff Group LLC purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the 4th quarter worth approximately $26,000. Geneos Wealth Management Inc. acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the 1st quarter worth approximately $27,000. LGT Financial Advisors LLC purchased a new position in Schwab 1-5 Year Corporate Bond ETF in the 3rd quarter valued at approximately $33,000. Cassaday & Co Wealth Management LLC purchased a new position in Schwab 1-5 Year Corporate Bond ETF in the 1st quarter valued at approximately $39,000. Finally, Fifth Third Bancorp purchased a new position in Schwab 1-5 Year Corporate Bond ETF in the 1st quarter valued at approximately $49,000.

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

Shares of SCHJ stock opened at $24.52 on Wednesday. The stock has a fifty day moving average price of $24.59 and a 200 day moving average price of $24.73. Schwab 1-5 Year Corporate Bond ETF has a 1 year low of $24.45 and a 1 year 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.