Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Sees Strong Trading Volume – Time to Buy?
by Amy Steele · The Cerbat GemSchwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 259,132 shares were traded during mid-day trading, an increase of 22% from the previous session’s volume of 212,894 shares.The stock last traded at $24.73 and had previously closed at $24.72.
Schwab 1-5 Year Corporate Bond ETF Stock Up 0.2%
The firm has a 50 day simple moving average of $24.82 and a two-hundred day simple moving average of $24.88.
Institutional Trading of Schwab 1-5 Year Corporate Bond ETF
A number of institutional investors have recently modified their holdings of SCHJ. Nalls Sherbakoff Group LLC purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the fourth quarter valued at approximately $26,000. Geneos Wealth Management Inc. purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the first quarter valued at approximately $27,000. LGT Financial Advisors LLC purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the third quarter valued at approximately $33,000. AE Wealth Management LLC purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the third quarter valued at approximately $35,000. Finally, Comerica Bank purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the fourth quarter valued at approximately $50,000.
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.