White Wing Wealth Management Buys 81,743 Shares of Schwab 1-5 Year Corporate Bond ETF $SCHJ

White Wing Wealth Management raised its stake in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 23.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 426,746 shares of the company’s stock after buying an additional 81,743 shares during the quarter. Schwab 1-5 Year Corporate Bond ETF makes up about 6.3% of White Wing Wealth Management’s investment portfolio, making the stock its 6th largest holding. White Wing Wealth Management’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $10,626,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Geneos Wealth Management Inc. acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the 1st quarter worth about $27,000. LGT Financial Advisors LLC acquired a new position in Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter valued at about $33,000. AE Wealth Management LLC bought a new position in Schwab 1-5 Year Corporate Bond ETF in the 3rd quarter worth about $35,000. Raymond James Financial Inc. bought a new position in Schwab 1-5 Year Corporate Bond ETF in the 2nd quarter worth about $60,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the third quarter valued at approximately $92,000.

Schwab 1-5 Year Corporate Bond ETF Stock Up 0.3%

SCHJ opened at $24.73 on Wednesday. The business’s 50 day moving average is $24.86 and its 200-day moving average is $24.90. Schwab 1-5 Year Corporate Bond ETF has a twelve month low of $24.23 and a twelve month high of $25.05.

Schwab 1-5 Year Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were given a $0.0924 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Monday, March 2nd.

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.