Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Short Interest Update

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 35,100 shares, a decrease of 21.8% from the August 15th total of 44,900 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 127,400 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 127,400 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

Schwab 1-5 Year Corporate Bond ETF Stock Performance

Shares of SCHJ opened at $24.95 on Thursday. The business has a 50-day simple moving average of $24.83 and a two-hundred day simple moving average of $24.67. Schwab 1-5 Year Corporate Bond ETF has a 52 week low of $24.23 and a 52 week high of $25.01.

Institutional Trading of Schwab 1-5 Year Corporate Bond ETF

Institutional investors have recently made changes to their positions in the business. Meridian Wealth Management LLC boosted its stake in Schwab 1-5 Year Corporate Bond ETF by 2.6% during the second quarter. Meridian Wealth Management LLC now owns 372,585 shares of the company’s stock valued at $9,244,000 after buying an additional 9,404 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 122.5% in the 4th quarter. Bank of America Corp DE now owns 339,849 shares of the company’s stock valued at $8,284,000 after purchasing an additional 187,110 shares during the last quarter. White Wing Wealth Management lifted its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 2.6% during the 2nd quarter. White Wing Wealth Management now owns 324,033 shares of the company’s stock worth $8,039,000 after acquiring an additional 8,070 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 0.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 299,200 shares of the company’s stock worth $7,387,000 after acquiring an additional 2,563 shares during the last quarter. Finally, SlateStone Wealth LLC raised its position in Schwab 1-5 Year Corporate Bond ETF by 18.9% during the 2nd quarter. SlateStone Wealth LLC now owns 232,966 shares of the company’s stock valued at $5,780,000 after purchasing an additional 37,046 shares in 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.