Modera Wealth Management LLC Decreases Stock Holdings in Schwab 1-5 Year Corporate Bond ETF $SCHJ

Modera Wealth Management LLC decreased its stake in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 20.6% during the first quarter, Holdings Channel reports. The firm owned 167,321 shares of the company’s stock after selling 43,511 shares during the quarter. Modera Wealth Management LLC’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $4,137,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Nalls Sherbakoff Group LLC bought a new stake in Schwab 1-5 Year Corporate Bond ETF in the 4th quarter worth approximately $26,000. Geneos Wealth Management Inc. bought a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the 1st quarter valued at $27,000. LGT Financial Advisors LLC purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the 3rd quarter worth $33,000. Fifth Third Bancorp purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the 1st quarter worth $49,000. Finally, Comerica Bank purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the 4th quarter worth $50,000.

Schwab 1-5 Year Corporate Bond ETF Price Performance

Shares of SCHJ opened at $24.56 on Friday. Schwab 1-5 Year Corporate Bond ETF has a one year low of $24.48 and a one year high of $25.05. The business has a fifty day moving average of $24.60 and a 200 day moving average of $24.75.

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.