Clearwater Capital Advisors LLC Cuts Position in Schwab 1-5 Year Corporate Bond ETF $SCHJ

Clearwater Capital Advisors LLC trimmed its position in Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 34.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,522 shares of the company’s stock after selling 36,120 shares during the quarter. Clearwater Capital Advisors LLC’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $1,731,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Geneos Wealth Management Inc. purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the 1st quarter worth about $27,000. LGT Financial Advisors LLC acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the third quarter valued at about $33,000. AE Wealth Management LLC acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the third quarter valued at about $35,000. Comerica Bank acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the fourth quarter valued at about $50,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the second quarter valued at about $60,000.

Schwab 1-5 Year Corporate Bond ETF Stock Performance

SCHJ stock opened at $24.62 on Monday. Schwab 1-5 Year Corporate Bond ETF has a 1 year low of $24.52 and a 1 year high of $25.05. The stock has a 50-day simple moving average of $24.69 and a 200-day simple moving average of $24.83.

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.