XY Planning Network Inc. Makes New Investment in Schwab 1-5 Year Corporate Bond ETF $SCHJ

XY Planning Network Inc. purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,901 shares of the company’s stock, valued at approximately $221,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Meridian Wealth Management LLC raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 14.9% during the first quarter. Meridian Wealth Management LLC now owns 363,181 shares of the company’s stock valued at $8,949,000 after purchasing an additional 47,046 shares in the last quarter. White Wing Wealth Management raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 2.6% during the second quarter. White Wing Wealth Management now owns 324,033 shares of the company’s stock valued at $8,039,000 after purchasing an additional 8,070 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 0.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 299,200 shares of the company’s stock valued at $7,387,000 after purchasing an additional 2,563 shares in the last quarter. SlateStone Wealth LLC raised its position in Schwab 1-5 Year Corporate Bond ETF by 29.1% in the first quarter. SlateStone Wealth LLC now owns 195,920 shares of the company’s stock worth $4,827,000 after acquiring an additional 44,106 shares in the last quarter. Finally, Cape Investment Advisory Inc. raised its position in Schwab 1-5 Year Corporate Bond ETF by 1.2% in the first quarter. Cape Investment Advisory Inc. now owns 179,280 shares of the company’s stock worth $4,417,000 after acquiring an additional 2,075 shares in the last quarter.

Schwab 1-5 Year Corporate Bond ETF Trading Up 0.1%

Shares of Schwab 1-5 Year Corporate Bond ETF stock opened at $24.92 on Monday. The company’s 50-day moving average price is $24.86 and its two-hundred day moving average price is $24.69. Schwab 1-5 Year Corporate Bond ETF has a 52 week low of $24.23 and a 52 week high of $25.01.

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.