Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ – Get Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 24,384 shares, a decrease of 98.1% from the July 15th total of 1,284,316 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 231,500 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Trading of Schwab 1-5 Year Corporate Bond ETF
Hedge funds have recently made changes to their positions in the stock. Hartline Investment Corp boosted its position in Schwab 1-5 Year Corporate Bond ETF by 2,999.5% during the 4th quarter. Hartline Investment Corp now owns 577,290 shares of the company’s stock valued at $14,375,000 after purchasing an additional 558,665 shares during the period. Waverly Advisors LLC acquired a new stake in Schwab 1-5 Year Corporate Bond ETF in the first quarter worth $4,659,000. SlateStone Wealth LLC lifted its stake in Schwab 1-5 Year Corporate Bond ETF by 65.6% in the fourth quarter. SlateStone Wealth LLC now owns 342,171 shares of the company’s stock valued at $8,520,000 after buying an additional 135,514 shares during the last quarter. Sightline Wealth Advisors LLC lifted its stake in Schwab 1-5 Year Corporate Bond ETF by 79.5% in the fourth quarter. Sightline Wealth Advisors LLC now owns 250,184 shares of the company’s stock valued at $6,230,000 after buying an additional 110,827 shares during the last quarter. Finally, Victrix Investment Advisors bought a new stake in Schwab 1-5 Year Corporate Bond ETF in the fourth quarter valued at $1,788,000.
Schwab 1-5 Year Corporate Bond ETF Stock Performance
NYSEARCA SCHJ traded up $0.02 during trading hours on Tuesday, reaching $24.49. The company’s stock had a trading volume of 146,813 shares, compared to its average volume of 228,263. The business has a 50-day simple moving average of $24.56 and a 200 day simple moving average of $24.70. Schwab 1-5 Year Corporate Bond ETF has a 52 week low of $24.44 and a 52 week high of $25.05.
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.
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