Cannon Financial Strategists Inc. Boosts Position in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)

Cannon Financial Strategists Inc. grew its holdings in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 100.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 54,156 shares of the company’s stock after buying an additional 27,078 shares during the period. Cannon Financial Strategists Inc.’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $1,320,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Avior Wealth Management LLC increased its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 100.0% during the fourth quarter. Avior Wealth Management LLC now owns 1,220 shares of the company’s stock valued at $30,000 after buying an additional 610 shares during the period. Salem Investment Counselors Inc. purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the fourth quarter valued at approximately $54,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the third quarter valued at approximately $134,000. Heritage Financial Services LLC bought a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the fourth quarter valued at approximately $202,000. Finally, Private Client Services LLC boosted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 107.3% during the fourth quarter. Private Client Services LLC now owns 8,641 shares of the company’s stock valued at $211,000 after purchasing an additional 4,473 shares in the last quarter.

Schwab 1-5 Year Corporate Bond ETF Stock Performance

NYSEARCA SCHJ opened at $24.45 on Wednesday. Schwab 1-5 Year Corporate Bond ETF has a twelve month low of $23.84 and a twelve month high of $24.86. The stock’s 50 day moving average is $24.41 and its 200 day moving average is $24.53.

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.