Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Sees Unusually-High Trading Volume – Here’s Why

Shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJGet Free Report) saw strong trading volume on Wednesday . 1,767,989 shares changed hands during mid-day trading, an increase of 731% from the previous session’s volume of 212,818 shares.The stock last traded at $24.57 and had previously closed at $24.54.

Schwab 1-5 Year Corporate Bond ETF Price Performance

The business’s 50-day simple moving average is $24.61 and its two-hundred day simple moving average is $24.75.

Institutional Investors Weigh In On Schwab 1-5 Year Corporate Bond ETF

Hedge funds have recently modified their holdings of the company. Nalls Sherbakoff Group LLC bought a new stake in Schwab 1-5 Year Corporate Bond ETF during the 4th quarter worth $26,000. Western Wealth Management LLC bought a new position in Schwab 1-5 Year Corporate Bond ETF in the first quarter valued at about $27,000. Geneos Wealth Management Inc. bought a new position in Schwab 1-5 Year Corporate Bond ETF in the first quarter valued at about $27,000. LGT Financial Advisors LLC acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the third quarter valued at about $33,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the first quarter valued at about $39,000.

About Schwab 1-5 Year Corporate Bond ETF

(Get Free Report)

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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