Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Sets New 1-Year Low – What’s Next?

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) shares reached 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. The stock had previously closed at $24.50.

Schwab 1-5 Year Corporate Bond ETF Stock Up 0.0%

The company’s fifty day moving average price is $24.53 and its 200 day moving average price is $24.66.

Institutional Trading of Schwab 1-5 Year Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Jane Street Group LLC purchased a new position in Schwab 1-5 Year Corporate Bond ETF in the first quarter worth $1,666,000. Geneos Wealth Management Inc. purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the 1st quarter valued at $27,000. Raymond James Financial Inc. purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the 2nd quarter valued at $60,000. Osaic Holdings Inc. raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 38.7% during the 2nd quarter. Osaic Holdings Inc. now owns 16,751 shares of the company’s stock worth $416,000 after purchasing an additional 4,677 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 569.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 28,178 shares of the company’s stock worth $703,000 after purchasing an additional 23,970 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.