Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ – Get Free Report) saw an uptick in trading volume on Monday. 733,778 shares traded hands during mid-day trading, an increase of 202% from the previous session’s volume of 242,853 shares. The stock last traded at $24.1150 and had previously closed at $24.11.
Schwab 1-5 Year Corporate Bond ETF Stock Performance
The stock’s fifty day moving average is $24.34 and its two-hundred day moving average is $24.53.
Institutional Investors Weigh In On Schwab 1-5 Year Corporate Bond ETF
Hedge funds have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in Schwab 1-5 Year Corporate Bond ETF by 303.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,557,816 shares of the company’s stock worth $38,416,000 after buying an additional 1,171,609 shares in the last quarter. Waverly Advisors LLC bought a new stake in Schwab 1-5 Year Corporate Bond ETF in the 1st quarter worth $4,659,000. Hartline Investment Corp increased its position in shares of 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 acquiring an additional 63,035 shares during the period. Monetary Solutions Ltd bought a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the fourth quarter worth about $1,284,000. Finally, Van Strum & Towne Inc. raised its position in Schwab 1-5 Year Corporate Bond ETF by 19.5% during the 1st quarter. Van Strum & Towne Inc. now owns 212,550 shares of the company’s stock valued at $5,255,000 after purchasing an additional 34,649 shares during the last quarter.
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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