Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Reaches New 12-Month Low – What’s Next?

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $24.20 and last traded at $24.1850, with a volume of 118375 shares trading hands. The stock had previously closed at $24.27.

Schwab 1-5 Year Corporate Bond ETF Stock Down 0.5%

The company has a fifty day moving average price of $24.45 and a 200 day moving average price of $24.59.

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

A number of large investors have recently bought and sold shares of the stock. Nalls Sherbakoff Group LLC bought a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the fourth quarter worth approximately $26,000. Western Wealth Management LLC purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the first quarter worth $27,000. Cassaday & Co Wealth Management LLC bought a new stake in Schwab 1-5 Year Corporate Bond ETF during the 1st quarter valued at $39,000. Fifth Third Bancorp bought a new stake in Schwab 1-5 Year Corporate Bond ETF during the 1st quarter valued at $49,000. Finally, JDM Financial Group LLC purchased a new stake in Schwab 1-5 Year Corporate Bond ETF during the 1st quarter valued at $99,000.

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.