Captrust Financial Advisors Buys 7,106 Shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)

Captrust Financial Advisors lifted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 105.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,852 shares of the company’s stock after acquiring an additional 7,106 shares during the quarter. Captrust Financial Advisors’ holdings in Schwab 1-5 Year Corporate Bond ETF were worth $338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Columbus Macro LLC boosted its position in Schwab 1-5 Year Corporate Bond ETF by 127.9% in the fourth quarter. Columbus Macro LLC now owns 439,079 shares of the company’s stock worth $10,703,000 after purchasing an additional 246,402 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Schwab 1-5 Year Corporate Bond ETF by 111.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 400,883 shares of the company’s stock worth $9,772,000 after purchasing an additional 211,664 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in Schwab 1-5 Year Corporate Bond ETF in the 4th quarter worth approximately $4,684,000. Bank of America Corp DE lifted its holdings in Schwab 1-5 Year Corporate Bond ETF by 122.5% in the 4th quarter. Bank of America Corp DE now owns 339,849 shares of the company’s stock worth $8,284,000 after purchasing an additional 187,110 shares in the last quarter. Finally, Meridian Wealth Management LLC increased its stake in Schwab 1-5 Year Corporate Bond ETF by 116.1% in the 4th quarter. Meridian Wealth Management LLC now owns 316,135 shares of the company’s stock worth $7,706,000 after acquiring an additional 169,839 shares during the last quarter.

Schwab 1-5 Year Corporate Bond ETF Price Performance

NYSEARCA:SCHJ opened at $24.61 on Wednesday. The stock’s 50 day simple moving average is $24.55 and its two-hundred day simple moving average is $24.49. Schwab 1-5 Year Corporate Bond ETF has a 1 year low of $24.00 and a 1 year high of $24.87.

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.