White Wing Wealth Management Purchases 81,743 Shares of Schwab 1-5 Year Corporate Bond ETF $SCHJ

White Wing Wealth Management increased its position in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 23.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 426,746 shares of the company’s stock after purchasing an additional 81,743 shares during the quarter. Schwab 1-5 Year Corporate Bond ETF accounts for 6.3% of White Wing Wealth Management’s portfolio, making the stock its 6th largest position. White Wing Wealth Management owned 1.56% of Schwab 1-5 Year Corporate Bond ETF worth $10,626,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. purchased a new position in Schwab 1-5 Year Corporate Bond ETF in the first quarter valued at about $27,000. LGT Financial Advisors LLC purchased a new stake in Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter worth approximately $33,000. AE Wealth Management LLC acquired a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the 3rd quarter valued at approximately $35,000. Raymond James Financial Inc. acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the second quarter worth approximately $60,000. Finally, EverSource Wealth Advisors LLC bought a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the third quarter worth $92,000.

Schwab 1-5 Year Corporate Bond ETF Trading Up 0.3%

NYSEARCA SCHJ opened at $24.73 on Wednesday. Schwab 1-5 Year Corporate Bond ETF has a 12 month low of $24.23 and a 12 month high of $25.05. The company’s fifty day moving average price is $24.86 and its two-hundred day moving average price is $24.90.

Schwab 1-5 Year Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were given a dividend of $0.0924 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, March 2nd.

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.