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

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) saw strong trading volume on Wednesday . 1,767,989 shares were traded during mid-day trading, an increase of 731% from the previous session’s volume of 212,818 shares.The stock last traded at $24.57 and had previously closed at $24.54.

Schwab 1-5 Year Corporate Bond ETF Stock Up 0.2%

The business’s fifty day moving average is $24.61 and its 200 day moving average is $24.76.

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

A number of institutional investors and hedge funds have recently made changes to their positions in SCHJ. Sightline Wealth Advisors LLC boosted its stake in Schwab 1-5 Year Corporate Bond ETF by 79.5% in the fourth quarter. Sightline Wealth Advisors LLC now owns 250,184 shares of the company’s stock worth $6,230,000 after buying an additional 110,827 shares in the last quarter. White Wing Wealth Management lifted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 23.7% in the 4th quarter. White Wing Wealth Management now owns 426,746 shares of the company’s stock worth $10,626,000 after acquiring an additional 81,743 shares during the last quarter. Orser Capital Management LLC purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the 4th quarter valued at $795,000. Hartline Investment Corp grew its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 2,999.5% during the 4th quarter. Hartline Investment Corp now owns 577,290 shares of the company’s stock valued at $14,375,000 after purchasing an additional 558,665 shares during the last quarter. Finally, SlateStone Wealth LLC grew its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 65.6% during the 4th quarter. SlateStone Wealth LLC now owns 342,171 shares of the company’s stock valued at $8,520,000 after purchasing an additional 135,514 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.