Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Shares Down 0.2% – Should You Sell?

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) shares traded down 0.2% on Thursday . The company traded as low as $24.55 and last traded at $24.56. 49,677 shares were traded during mid-day trading, a decline of 48% from the average session volume of 95,052 shares. The stock had previously closed at $24.60.

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

The company’s 50 day moving average price is $24.68 and its 200-day moving average price is $24.33.

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

A number of large investors have recently modified their holdings of the company. White Wing Wealth Management acquired a new stake in Schwab 1-5 Year Corporate Bond ETF during the 1st quarter worth approximately $4,088,000. Perigon Wealth Management LLC acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the first quarter worth $296,000. FDx Advisors Inc. raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 23.3% in the 1st quarter. FDx Advisors Inc. now owns 5,940 shares of the company’s stock valued at $287,000 after acquiring an additional 1,121 shares during the period. Essex LLC lifted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 0.6% during the 1st quarter. Essex LLC now owns 65,375 shares of the company’s stock valued at $3,160,000 after acquiring an additional 380 shares in the last quarter. Finally, Kades & Cheifetz LLC lifted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 13.0% during the 1st quarter. Kades & Cheifetz LLC now owns 84,190 shares of the company’s stock valued at $4,069,000 after acquiring an additional 9,694 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.