Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Shares Up 0.1% – What’s Next?

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)’s stock price shot up 0.1% during trading on Tuesday . The stock traded as high as $24.92 and last traded at $24.92. 282,983 shares traded hands during mid-day trading, an increase of 116% from the average session volume of 131,205 shares. The stock had previously closed at $24.90.

Schwab 1-5 Year Corporate Bond ETF Price Performance

The firm’s 50-day moving average price is $24.91 and its two-hundred day moving average price is $24.84.

Institutional Trading of Schwab 1-5 Year Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SCHJ. Columbus Macro LLC lifted its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 1.6% during the 3rd quarter. Columbus Macro LLC now owns 433,549 shares of the company’s stock worth $10,815,000 after purchasing an additional 6,725 shares during the last quarter. Meridian Wealth Management LLC increased its position in shares of Schwab 1-5 Year Corporate Bond ETF by 6.2% during the third quarter. Meridian Wealth Management LLC now owns 395,852 shares of the company’s stock worth $9,875,000 after purchasing an additional 23,267 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 0.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 377,783 shares of the company’s stock valued at $9,424,000 after purchasing an additional 2,800 shares during the last quarter. White Wing Wealth Management boosted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 6.5% in the 3rd quarter. White Wing Wealth Management now owns 345,003 shares of the company’s stock worth $8,594,000 after purchasing an additional 20,970 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in Schwab 1-5 Year Corporate Bond ETF by 5.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 315,129 shares of the company’s stock worth $7,847,000 after acquiring an additional 15,929 shares in the last quarter.

About Schwab 1-5 Year Corporate Bond ETF

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.