Sightline Wealth Advisors LLC Invests $2.08 Million in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)

Sightline Wealth Advisors LLC bought a new stake in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 85,190 shares of the company’s stock, valued at approximately $2,077,000. Schwab 1-5 Year Corporate Bond ETF accounts for about 1.1% of Sightline Wealth Advisors LLC’s investment portfolio, making the stock its 21st biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. acquired a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the fourth quarter valued at approximately $54,000. Centaurus Financial Inc. acquired a new position in Schwab 1-5 Year Corporate Bond ETF in the 2nd quarter valued at $101,000. Wilmington Savings Fund Society FSB purchased a new position in Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter worth $134,000. Private Client Services LLC acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the 3rd quarter worth $207,000. Finally, Mayflower Financial Advisors LLC purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the third quarter valued at about $233,000.

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

NYSEARCA SCHJ traded down $0.02 during trading hours on Monday, hitting $24.29. 105,018 shares of the stock were exchanged, compared to its average volume of 99,031. 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 has a 50-day moving average of $24.43 and a 200 day moving average of $24.50.

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.