TAP Consulting LLC Sells 102,297 Shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)

TAP Consulting LLC lowered its stake in shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) by 54.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 86,836 shares of the company’s stock after selling 102,297 shares during the quarter. Schwab 1-5 Year Corporate Bond ETF accounts for 1.0% of TAP Consulting LLC’s portfolio, making the stock its 28th biggest position. TAP Consulting LLC’s holdings in Schwab 1-5 Year Corporate Bond ETF were worth $4,201,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Family Asset Management LLC purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the third quarter valued at about $29,000. Concourse Financial Group Securities Inc. purchased a new stake in Schwab 1-5 Year Corporate Bond ETF in the 3rd quarter valued at about $61,000. Ancora Advisors LLC lifted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 32.4% during the 3rd quarter. Ancora Advisors LLC now owns 1,723 shares of the company’s stock worth $81,000 after buying an additional 422 shares in the last quarter. Greenup Street Wealth Management LLC purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the 3rd quarter worth approximately $214,000. Finally, Avantax Advisory Services Inc. grew its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 18.0% in the third quarter. Avantax Advisory Services Inc. now owns 5,669 shares of the company’s stock valued at $266,000 after acquiring an additional 864 shares in the last quarter.

Schwab 1-5 Year Corporate Bond ETF Stock Performance

Schwab 1-5 Year Corporate Bond ETF stock traded down $0.05 during mid-day trading on Thursday, reaching $47.83. 32,427 shares of the company’s stock were exchanged, compared to its average volume of 55,693. The business’s fifty day simple moving average is $48.09 and its 200 day simple moving average is $47.85. Schwab 1-5 Year Corporate Bond ETF has a one year low of $46.51 and a one year high of $48.57.

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.