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

Shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJGet Free Report) saw an uptick in trading volume on Monday . 108,506 shares changed hands during mid-day trading, an increase of 20% from the previous session’s volume of 90,431 shares.The stock last traded at $24.41 and had previously closed at $24.32.

Schwab 1-5 Year Corporate Bond ETF Trading Up 0.4 %

The business’s 50-day moving average is $24.52 and its 200-day moving average is $24.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Sanctuary Advisors LLC boosted its stake in Schwab 1-5 Year Corporate Bond ETF by 182.3% in the third quarter. Sanctuary Advisors LLC now owns 67,937 shares of the company’s stock worth $3,370,000 after purchasing an additional 43,869 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter worth about $134,000. Peapack Gladstone Financial Corp bought a new stake in Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter worth about $278,000. Worth Asset Management LLC increased its position in Schwab 1-5 Year Corporate Bond ETF by 100.0% in the 4th quarter. Worth Asset Management LLC now owns 11,018 shares of the company’s stock valued at $269,000 after acquiring an additional 5,509 shares in the last quarter. Finally, Private Client Services LLC lifted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 107.3% during the fourth quarter. Private Client Services LLC now owns 8,641 shares of the company’s stock worth $211,000 after purchasing an additional 4,473 shares in the last quarter.

About Schwab 1-5 Year Corporate Bond ETF

(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.

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