Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Trading Up 0.2% – Here’s What Happened

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)’s stock price shot up 0.2% on Friday . The stock traded as high as $24.72 and last traded at $24.70. 117,470 shares were traded during mid-day trading, a decline of 41% from the average session volume of 199,644 shares. The stock had previously closed at $24.66.

Schwab 1-5 Year Corporate Bond ETF Price Performance

The company’s 50 day moving average price is $24.75 and its two-hundred day moving average price is $24.86.

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

A number of institutional investors have recently bought and sold shares of the company. Mutual Advisors LLC raised its stake in Schwab 1-5 Year Corporate Bond ETF by 0.9% during the fourth quarter. Mutual Advisors LLC now owns 52,891 shares of the company’s stock worth $1,317,000 after purchasing an additional 483 shares during the period. Seek First Inc. increased its position in shares of Schwab 1-5 Year Corporate Bond ETF by 1.7% during the fourth quarter. Seek First Inc. now owns 33,676 shares of the company’s stock valued at $839,000 after acquiring an additional 553 shares during the last quarter. Mayflower Financial Advisors LLC increased its position in shares of Schwab 1-5 Year Corporate Bond ETF by 6.2% during the fourth quarter. Mayflower Financial Advisors LLC now owns 10,907 shares of the company’s stock valued at $272,000 after acquiring an additional 633 shares during the last quarter. Van Strum & Towne Inc. increased its position in shares of Schwab 1-5 Year Corporate Bond ETF by 0.4% during the third quarter. Van Strum & Towne Inc. now owns 163,776 shares of the company’s stock valued at $4,085,000 after acquiring an additional 684 shares during the last quarter. Finally, Compound Planning Inc. increased its position in shares of Schwab 1-5 Year Corporate Bond ETF by 3.1% during the third quarter. Compound Planning Inc. now owns 23,570 shares of the company’s stock valued at $588,000 after acquiring an additional 709 shares during the last quarter.

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.