Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Sees Strong Trading Volume – Should You Buy?

Shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJGet Free Report) saw unusually-high trading volume on Monday . 330,795 shares changed hands during mid-day 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 Performance

The stock’s 50 day simple moving average is $24.59 and its 200 day simple moving average is $24.73.

Hedge Funds Weigh In On Schwab 1-5 Year Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. Yanni & Associates Investment Advisors LLC lifted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 1.6% in the second quarter. Yanni & Associates Investment Advisors LLC now owns 145,694 shares of the company’s stock valued at $3,593,000 after purchasing an additional 2,294 shares in the last quarter. Worth Asset Management LLC bought a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the 2nd quarter worth $207,000. Kwmg LLC purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the second quarter valued at about $214,000. MFG Wealth Management Inc. lifted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 2.9% during the second quarter. MFG Wealth Management Inc. now owns 124,377 shares of the company’s stock valued at $3,067,000 after purchasing an additional 3,463 shares in the last quarter. Finally, JDM Financial Group LLC bought a new stake in Schwab 1-5 Year Corporate Bond ETF in the 1st quarter worth about $99,000.

Schwab 1-5 Year Corporate Bond ETF Company Profile

(Get Free Report)

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.

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