Coordinated Financial Services Inc. Invests $552,000 in Schwab 1-5 Year Corporate Bond ETF $SCHJ

Coordinated Financial Services Inc. bought a new stake in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,245 shares of the company’s stock, valued at approximately $552,000. Coordinated Financial Services Inc. owned 0.10% of Schwab 1-5 Year Corporate Bond ETF at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Farther Finance Advisors LLC increased its position in shares of Schwab 1-5 Year Corporate Bond ETF by 3.8% in the 1st quarter. Farther Finance Advisors LLC now owns 17,297 shares of the company’s stock valued at $425,000 after acquiring an additional 629 shares during the period. Van Strum & Towne Inc. raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 0.8% during the 1st quarter. Van Strum & Towne Inc. now owns 127,052 shares of the company’s stock valued at $3,131,000 after buying an additional 967 shares during the last quarter. Jackson Creek Investment Advisors LLC lifted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 1.3% in the 1st quarter. Jackson Creek Investment Advisors LLC now owns 84,541 shares of the company’s stock valued at $2,083,000 after buying an additional 1,076 shares during the period. Geneos Wealth Management Inc. acquired a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the 1st quarter valued at about $27,000. Finally, Blair William & Co. IL boosted its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 100.0% in the first quarter. Blair William & Co. IL now owns 2,262 shares of the company’s stock worth $56,000 after buying an additional 1,131 shares during the last quarter.

Schwab 1-5 Year Corporate Bond ETF Stock Performance

Shares of SCHJ opened at $24.87 on Friday. Schwab 1-5 Year Corporate Bond ETF has a 52 week low of $24.23 and a 52 week high of $25.01. The stock’s 50-day moving average price is $24.89 and its 200-day moving average price is $24.71.

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.