Essex LLC Acquires 64,255 Shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)

Essex LLC grew its holdings in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 99.8% in the fourth quarter, HoldingsChannel reports. The fund owned 128,650 shares of the company’s stock after purchasing an additional 64,255 shares during the quarter. Essex LLC’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $3,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Columbus Macro LLC boosted its holdings in Schwab 1-5 Year Corporate Bond ETF by 127.9% in the 4th quarter. Columbus Macro LLC now owns 439,079 shares of the company’s stock worth $10,703,000 after buying an additional 246,402 shares during the period. Meridian Wealth Management LLC purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the third quarter valued at about $7,258,000. White & Co Financial Planning Inc bought a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the fourth quarter worth about $2,480,000. Kades & Cheifetz LLC grew its position in shares of Schwab 1-5 Year Corporate Bond ETF by 116.4% during the fourth quarter. Kades & Cheifetz LLC now owns 186,286 shares of the company’s stock worth $4,541,000 after purchasing an additional 100,187 shares in the last quarter. Finally, Sightline Wealth Advisors LLC purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the fourth quarter worth about $2,077,000.

Schwab 1-5 Year Corporate Bond ETF Price Performance

NYSEARCA SCHJ opened at $24.41 on Friday. Schwab 1-5 Year Corporate Bond ETF has a 12 month low of $23.84 and a 12 month high of $24.86. The stock’s 50 day moving average is $24.42 and its 200 day moving average is $24.52.

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.