Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Reaches New 12-Month Low – Should You Sell?

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJGet Free Report)’s share price hit a new 52-week low during trading on Monday . The company traded as low as $24.44 and last traded at $24.45, with a volume of 30434 shares traded. The stock had previously closed at $24.53.

Schwab 1-5 Year Corporate Bond ETF Stock Up 0.2%

The business’s 50 day moving average is $24.58 and its 200-day moving average is $24.72.

Hedge Funds Weigh In On Schwab 1-5 Year Corporate Bond ETF

Large investors have recently bought and sold shares of the business. Mutual Advisors LLC lifted its holdings in Schwab 1-5 Year Corporate Bond ETF by 0.9% during the 4th quarter. Mutual Advisors LLC now owns 52,891 shares of the company’s stock worth $1,317,000 after buying an additional 483 shares during the last quarter. Seek First Inc. lifted its stake in Schwab 1-5 Year Corporate Bond ETF by 1.7% during the fourth quarter. Seek First Inc. now owns 33,676 shares of the company’s stock worth $839,000 after purchasing an additional 553 shares during the last quarter. Compound Planning Inc. boosted its holdings in Schwab 1-5 Year Corporate Bond ETF by 2.3% in the first quarter. Compound Planning Inc. now owns 29,097 shares of the company’s stock valued at $719,000 after purchasing an additional 661 shares in the last quarter. Sanctuary Advisors LLC increased its stake in Schwab 1-5 Year Corporate Bond ETF by 1.0% in the fourth quarter. Sanctuary Advisors LLC now owns 81,332 shares of the company’s stock valued at $2,025,000 after purchasing an additional 819 shares during the last quarter. Finally, D.B. Root & Company LLC raised its holdings in Schwab 1-5 Year Corporate Bond ETF by 9.6% during the fourth quarter. D.B. Root & Company LLC now owns 9,350 shares of the company’s stock worth $233,000 after purchasing an additional 820 shares in the last quarter.

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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