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

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJGet Free Report) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $24.52 and last traded at $24.52, with a volume of 54309 shares changing hands. The stock had previously closed at $24.56.

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

The firm has a 50 day simple moving average of $24.63 and a two-hundred day simple moving average of $24.77.

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

Large investors have recently bought and sold shares of the company. Mutual Advisors LLC boosted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 0.9% in the fourth quarter. Mutual Advisors LLC now owns 52,891 shares of the company’s stock valued at $1,317,000 after acquiring an additional 483 shares in the last quarter. Seek First Inc. lifted its position in Schwab 1-5 Year Corporate Bond ETF by 1.7% in the fourth quarter. Seek First Inc. now owns 33,676 shares of the company’s stock valued at $839,000 after purchasing an additional 553 shares during the period. Mayflower Financial Advisors LLC boosted its holdings in Schwab 1-5 Year Corporate Bond ETF by 6.2% in the 4th quarter. Mayflower Financial Advisors LLC now owns 10,907 shares of the company’s stock valued at $272,000 after purchasing an additional 633 shares in the last quarter. Compound Planning Inc. raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 2.3% during the 1st quarter. Compound Planning Inc. now owns 29,097 shares of the company’s stock worth $719,000 after buying an additional 661 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 1.0% in the 4th quarter. Sanctuary Advisors LLC now owns 81,332 shares of the company’s stock valued at $2,025,000 after buying an additional 819 shares during the period.

Schwab 1-5 Year Corporate Bond ETF Company Profile

(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.

Further Reading

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