Focus Financial Network Inc. Increases Stock Position in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)

Focus Financial Network Inc. increased its position in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 102.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 13,197 shares of the company’s stock after purchasing an additional 6,666 shares during the period. Focus Financial Network Inc.’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $322,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the company. Essex LLC raised its holdings in Schwab 1-5 Year Corporate Bond ETF by 99.8% in the 4th quarter. Essex LLC now owns 128,650 shares of the company’s stock worth $3,136,000 after acquiring an additional 64,255 shares during the last quarter. Kingsview Wealth Management LLC raised its stake in Schwab 1-5 Year Corporate Bond ETF by 95.1% during the 4th quarter. Kingsview Wealth Management LLC now owns 15,868 shares of the company’s stock valued at $387,000 after buying an additional 7,734 shares during the last quarter. Columbus Macro LLC raised its stake 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 buying an additional 246,402 shares during the last quarter. Lederer & Associates Investment Counsel CA raised its stake in Schwab 1-5 Year Corporate Bond ETF by 95.9% during the 4th quarter. Lederer & Associates Investment Counsel CA now owns 24,403 shares of the company’s stock valued at $595,000 after buying an additional 11,947 shares during the last quarter. Finally, Golden State Equity Partners raised its stake in Schwab 1-5 Year Corporate Bond ETF by 100.0% during the 4th quarter. Golden State Equity Partners now owns 9,288 shares of the company’s stock valued at $226,000 after buying an additional 4,644 shares during the last quarter.

Schwab 1-5 Year Corporate Bond ETF Trading Up 0.2 %

Shares of SCHJ opened at $24.44 on Friday. The firm has a fifty day simple moving average of $24.42 and a two-hundred day simple moving average of $24.53. Schwab 1-5 Year Corporate Bond ETF has a 1-year low of $23.84 and a 1-year high of $24.86.

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.