Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Reaches New 12-Month Low – Here’s What Happened

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $24.48 and last traded at $24.49, with a volume of 357881 shares traded. The stock had previously closed at $24.54.

Schwab 1-5 Year Corporate Bond ETF Price Performance

The business’s 50-day simple moving average is $24.61 and its 200-day simple moving average is $24.76.

Institutional Investors Weigh In On Schwab 1-5 Year Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Nalls Sherbakoff Group LLC purchased a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the fourth quarter valued at approximately $26,000. Western Wealth Management LLC purchased a new stake in Schwab 1-5 Year Corporate Bond ETF in the first quarter worth $27,000. Geneos Wealth Management Inc. bought a new stake in Schwab 1-5 Year Corporate Bond ETF in the first quarter valued at $27,000. LGT Financial Advisors LLC bought a new stake in Schwab 1-5 Year Corporate Bond ETF in the third quarter valued at $33,000. Finally, Cassaday & Co Wealth Management LLC bought a new stake in Schwab 1-5 Year Corporate Bond ETF in the first quarter valued at $39,000.

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.