Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Sees Strong Trading Volume – What’s Next?

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) shares saw unusually-strong trading volume on Wednesday . Approximately 413,339 shares were traded during trading, an increase of 115% from the previous session’s volume of 192,343 shares.The stock last traded at $24.65 and had previously closed at $24.64.

Schwab 1-5 Year Corporate Bond ETF Stock Performance

The company has a fifty day simple moving average of $24.67 and a 200-day simple moving average of $24.80.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. White Wing Wealth Management grew its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 23.7% during the fourth quarter. White Wing Wealth Management now owns 426,746 shares of the company’s stock valued at $10,626,000 after buying an additional 81,743 shares in the last quarter. Sightline Wealth Advisors LLC grew its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 79.5% during the fourth quarter. Sightline Wealth Advisors LLC now owns 250,184 shares of the company’s stock valued at $6,230,000 after buying an additional 110,827 shares in the last quarter. Orser Capital Management LLC purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the fourth quarter valued at $795,000. JPMorgan Chase & Co. grew its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 569.6% during the third quarter. JPMorgan Chase & Co. now owns 28,178 shares of the company’s stock valued at $703,000 after buying an additional 23,970 shares in the last quarter. Finally, Hartline Investment Corp boosted its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 2,999.5% during the 4th quarter. Hartline Investment Corp now owns 577,290 shares of the company’s stock valued at $14,375,000 after buying an additional 558,665 shares during the period.

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.