Hartline Investment Corp Boosts Stock Holdings in Schwab 1-5 Year Corporate Bond ETF $SCHJ

Hartline Investment Corp grew its position in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 2,999.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 577,290 shares of the company’s stock after purchasing an additional 558,665 shares during the quarter. Schwab 1-5 Year Corporate Bond ETF comprises 1.6% of Hartline Investment Corp’s portfolio, making the stock its 18th biggest holding. Hartline Investment Corp’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $14,375,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SCHJ. Geneos Wealth Management Inc. purchased a new position in Schwab 1-5 Year Corporate Bond ETF during the 1st quarter worth $27,000. LGT Financial Advisors LLC purchased a new position in Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter worth $33,000. AE Wealth Management LLC purchased a new position in Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter worth $35,000. Comerica Bank purchased a new position in Schwab 1-5 Year Corporate Bond ETF during the 4th quarter worth $50,000. Finally, Raymond James Financial Inc. purchased a new position in Schwab 1-5 Year Corporate Bond ETF during the 2nd quarter worth $60,000.

Schwab 1-5 Year Corporate Bond ETF Price Performance

Shares of NYSEARCA:SCHJ opened at $24.62 on Friday. The company’s 50-day moving average is $24.69 and its 200 day moving average is $24.83. Schwab 1-5 Year Corporate Bond ETF has a fifty-two week low of $24.52 and a fifty-two week high of $25.05.

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.