Peapack Gladstone Financial Corp Acquires 5,610 Shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)

Peapack Gladstone Financial Corp raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 100.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,220 shares of the company’s stock after acquiring an additional 5,610 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $273,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Columbus Macro LLC lifted its position in Schwab 1-5 Year Corporate Bond ETF by 127.9% during the 4th quarter. Columbus Macro LLC now owns 439,079 shares of the company’s stock valued at $10,703,000 after purchasing an additional 246,402 shares during the period. Envestnet Asset Management Inc. grew its stake in Schwab 1-5 Year Corporate Bond ETF by 111.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 400,883 shares of the company’s stock valued at $9,772,000 after acquiring an additional 211,664 shares during the period. TAP Consulting LLC increased its stake in Schwab 1-5 Year Corporate Bond ETF by 103.3% during the 4th quarter. TAP Consulting LLC now owns 334,109 shares of the company’s stock worth $8,144,000 after purchasing an additional 169,752 shares in the last quarter. Meridian Wealth Management LLC increased its position in shares of Schwab 1-5 Year Corporate Bond ETF by 116.1% during the fourth quarter. Meridian Wealth Management LLC now owns 316,135 shares of the company’s stock worth $7,706,000 after acquiring an additional 169,839 shares in the last quarter. Finally, White Wing Wealth Management raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 115.5% in the 4th quarter. White Wing Wealth Management now owns 304,127 shares of the company’s stock valued at $7,413,000 after purchasing an additional 162,975 shares during the period.

Schwab 1-5 Year Corporate Bond ETF Stock Performance

NYSEARCA SCHJ opened at $24.51 on Thursday. The stock’s 50 day moving average price is $24.53 and its two-hundred day moving average price is $24.51. Schwab 1-5 Year Corporate Bond ETF has a 52 week low of $23.85 and a 52 week high of $24.87.

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.