Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $24.38 and last traded at $24.38, with a volume of 9589 shares trading hands. The stock had previously closed at $24.50.
Schwab 1-5 Year Corporate Bond ETF Stock Down 0.4%
The company’s 50 day moving average is $24.54 and its 200 day moving average is $24.67.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Hartline Investment Corp lifted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 10.9% during the 1st quarter. Hartline Investment Corp now owns 640,325 shares of the company’s stock valued at $15,832,000 after acquiring an additional 63,035 shares during the period. Cetera Investment Advisers increased its stake in Schwab 1-5 Year Corporate Bond ETF by 0.7% in the 1st quarter. Cetera Investment Advisers now owns 388,794 shares of the company’s stock valued at $9,613,000 after purchasing an additional 2,629 shares in the last quarter. SlateStone Wealth LLC raised its holdings in Schwab 1-5 Year Corporate Bond ETF by 65.6% during the fourth quarter. SlateStone Wealth LLC now owns 342,171 shares of the company’s stock worth $8,520,000 after purchasing an additional 135,514 shares during the last quarter. Bank of America Corp DE raised its holdings in Schwab 1-5 Year Corporate Bond ETF by 3.7% during the first quarter. Bank of America Corp DE now owns 287,702 shares of the company’s stock worth $7,113,000 after purchasing an additional 10,265 shares during the last quarter. Finally, Summit Financial LLC boosted its position in Schwab 1-5 Year Corporate Bond ETF by 3.6% during the fourth quarter. Summit Financial LLC now owns 223,951 shares of the company’s stock worth $5,576,000 after purchasing an additional 7,705 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.
Further Reading
- Five stocks we like better than Schwab 1-5 Year Corporate Bond ETF
- Analysts See Major Upside for This Top-10 Performing S&P 500 Stock
- Cook Out, Silicon In: Will Ternus Trigger Apple’s Edge AI Boom?
- Qualcomm’s AI Ambitions Run Into a Smartphone Reality Check
- Palantir’s Sovereign AI Pitch Tests Microsoft’s Cloud-First AI Bet
Receive News & Ratings for Schwab 1-5 Year Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab 1-5 Year Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
