Focus Partners Advisor Solutions LLC Raises Stake in Schwab 1-5 Year Corporate Bond ETF $SCHJ

Focus Partners Advisor Solutions LLC boosted its holdings in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 114.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 40,194 shares of the company’s stock after purchasing an additional 21,457 shares during the quarter. Focus Partners Advisor Solutions LLC owned about 0.16% of Schwab 1-5 Year Corporate Bond ETF worth $1,000,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. MFG Wealth Management Inc. purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the third quarter valued at approximately $2,999,000. Brand Asset Management Group Inc. bought a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the 3rd quarter worth approximately $2,098,000. Sightline Wealth Advisors LLC grew its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 114.5% in the 3rd quarter. Sightline Wealth Advisors LLC now owns 139,357 shares of the company’s stock worth $3,476,000 after buying an additional 74,390 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the 1st quarter worth approximately $1,666,000. Finally, SlateStone Wealth LLC increased its position in Schwab 1-5 Year Corporate Bond ETF by 18.9% during the 2nd quarter. SlateStone Wealth LLC now owns 232,966 shares of the company’s stock valued at $5,780,000 after buying an additional 37,046 shares in the last quarter.

Schwab 1-5 Year Corporate Bond ETF Trading Down 0.0%

Shares of NYSEARCA:SCHJ opened at $24.84 on Friday. The stock has a fifty day simple moving average of $24.93 and a two-hundred day simple moving average of $24.92. Schwab 1-5 Year Corporate Bond ETF has a 12-month low of $24.23 and a 12-month high of $25.05.

Schwab 1-5 Year Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.0924 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.