Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 96.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,756 shares of the company’s stock after buying an additional 6,263 shares during the period. JPMorgan Chase & Co. owned about 0.15% of Schwab 1-5 Year Corporate Bond ETF worth $311,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC lifted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 100.0% during the 4th quarter. Avior Wealth Management LLC now owns 1,220 shares of the company’s stock worth $30,000 after purchasing an additional 610 shares during the last quarter. Salem Investment Counselors Inc. purchased a new stake in Schwab 1-5 Year Corporate Bond ETF during the 4th quarter worth about $54,000. VSM Wealth Advisory LLC purchased a new stake in Schwab 1-5 Year Corporate Bond ETF during the 4th quarter worth about $121,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter worth about $134,000. Finally, Heritage Financial Services LLC purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the 4th quarter valued at about $202,000.

Schwab 1-5 Year Corporate Bond ETF Price Performance

Shares of NYSEARCA SCHJ opened at $24.54 on Friday. The stock’s 50-day simple moving average is $24.55 and its 200-day simple moving average is $24.49. Schwab 1-5 Year Corporate Bond ETF has a fifty-two week low of $24.00 and a fifty-two week high of $24.87.

Schwab 1-5 Year Corporate Bond ETF 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.