Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ – Get Free Report) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 88,745 shares, a decrease of 40.9% from the June 15th total of 150,087 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 418,337 shares, the days-to-cover ratio is currently 0.2 days.
Schwab 1-5 Year Corporate Bond ETF Stock Performance
Shares of SCHJ stock remained flat at $24.56 during mid-day trading on Friday. 151,572 shares of the stock were exchanged, compared to its average volume of 226,698. Schwab 1-5 Year Corporate Bond ETF has a 52 week low of $24.48 and a 52 week high of $25.05. The firm’s fifty day moving average is $24.61 and its 200-day moving average is $24.75.
Institutional Investors Weigh In On Schwab 1-5 Year Corporate Bond ETF
Large investors have recently made changes to their positions in the company. Hartline Investment Corp lifted its holdings 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 last quarter. Waverly Advisors LLC bought a new stake in Schwab 1-5 Year Corporate Bond ETF during the 1st quarter worth approximately $4,659,000. SlateStone Wealth LLC grew its position in 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 acquiring an additional 135,514 shares during the last quarter. Sightline Wealth Advisors LLC increased its holdings in Schwab 1-5 Year Corporate Bond ETF by 79.5% during the 4th quarter. Sightline Wealth Advisors LLC now owns 250,184 shares of the company’s stock valued at $6,230,000 after purchasing an additional 110,827 shares in the last quarter. Finally, White Wing Wealth Management increased its holdings in Schwab 1-5 Year Corporate Bond ETF by 23.7% during the 4th quarter. White Wing Wealth Management now owns 426,746 shares of the company’s stock valued at $10,626,000 after purchasing an additional 81,743 shares in 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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