Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ – Get Free Report) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 180,931 shares, an increase of 190.4% from the August 15th total of 62,308 shares. Based on an average daily trading volume, of 268,814 shares, the short-interest ratio is currently 0.7 days. Approximately 0.5% of the company’s stock are sold short.
Schwab 1-5 Year Corporate Bond ETF Stock Down 0.1%
Shares of NYSEARCA SCHJ opened at $24.25 on Friday. The business has a 50-day moving average of $24.49 and a two-hundred day moving average of $24.63. Schwab 1-5 Year Corporate Bond ETF has a 1 year low of $24.24 and a 1 year high of $25.05.
Institutional Investors Weigh In On Schwab 1-5 Year Corporate Bond ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. Hartline Investment Corp boosted its holdings in Schwab 1-5 Year Corporate Bond ETF by 10.9% in the first quarter. Hartline Investment Corp now owns 640,325 shares of the company’s stock valued at $15,832,000 after purchasing an additional 63,035 shares in the last quarter. Cetera Investment Advisers raised its holdings in Schwab 1-5 Year Corporate Bond ETF by 0.7% during the first quarter. Cetera Investment Advisers now owns 388,794 shares of the company’s stock worth $9,613,000 after purchasing an additional 2,629 shares in the last quarter. SlateStone Wealth LLC lifted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 65.6% during the 4th quarter. SlateStone Wealth LLC now owns 342,171 shares of the company’s stock worth $8,520,000 after buying an additional 135,514 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 3.7% during the 1st quarter. Bank of America Corp DE now owns 287,702 shares of the company’s stock worth $7,113,000 after buying an additional 10,265 shares during the last quarter. Finally, Summit Financial LLC lifted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 3.6% during the 4th quarter. Summit Financial LLC now owns 223,951 shares of the company’s stock worth $5,576,000 after buying an additional 7,705 shares during the last quarter.
Schwab 1-5 Year Corporate Bond ETF Company Profile
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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