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

Shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) saw strong trading volume on Monday . Approximately 330,795 shares were traded during trading, an increase of 46% from the previous session’s volume of 226,445 shares.The stock last traded at $24.50 and had previously closed at $24.48.

Schwab 1-5 Year Corporate Bond ETF Stock Up 0.1%

The company has a 50 day simple moving average of $24.59 and a two-hundred day simple moving average of $24.74.

Institutional Trading of Schwab 1-5 Year Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Sightline Wealth Advisors LLC boosted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 79.5% during the 4th quarter. Sightline Wealth Advisors LLC now owns 250,184 shares of the company’s stock valued at $6,230,000 after purchasing an additional 110,827 shares during the last quarter. White Wing Wealth Management increased its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 23.7% in the fourth quarter. White Wing Wealth Management now owns 426,746 shares of the company’s stock worth $10,626,000 after purchasing an additional 81,743 shares during the last quarter. Hartline Investment Corp lifted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 2,999.5% in the fourth quarter. Hartline Investment Corp now owns 577,290 shares of the company’s stock worth $14,375,000 after buying an additional 558,665 shares in the last quarter. SlateStone Wealth LLC boosted its stake in Schwab 1-5 Year Corporate Bond ETF by 65.6% during the fourth quarter. SlateStone Wealth LLC now owns 342,171 shares of the company’s stock valued at $8,520,000 after buying an additional 135,514 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Schwab 1-5 Year Corporate Bond ETF by 569.6% during the third quarter. JPMorgan Chase & Co. now owns 28,178 shares of the company’s stock valued at $703,000 after buying an additional 23,970 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.