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

Shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) saw unusually-strong trading volume on Monday . Approximately 222,541 shares changed hands during trading, an increase of 11% from the previous session’s volume of 199,743 shares.The stock last traded at $24.69 and had previously closed at $24.70.

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

The stock has a 50 day simple moving average of $24.73 and a 200-day simple moving average of $24.85.

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

A number of hedge funds have recently bought and sold shares of the business. Hartline Investment Corp grew its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 10.9% in the 1st quarter. Hartline Investment Corp now owns 640,325 shares of the company’s stock worth $15,832,000 after buying an additional 63,035 shares in the last quarter. Columbus Macro LLC boosted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 2.9% in the 4th quarter. Columbus Macro LLC now owns 446,316 shares of the company’s stock worth $11,113,000 after purchasing an additional 12,767 shares during the period. White Wing Wealth Management grew its holdings in Schwab 1-5 Year Corporate Bond ETF by 23.7% during the 4th quarter. White Wing Wealth Management now owns 426,746 shares of the company’s stock valued at $10,626,000 after purchasing an additional 81,743 shares during the last quarter. Meridian Wealth Management LLC increased its stake in Schwab 1-5 Year Corporate Bond ETF by 6.2% in 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 during the period. Finally, Cetera Investment Advisers boosted its position in Schwab 1-5 Year Corporate Bond ETF by 15.3% in the 4th quarter. Cetera Investment Advisers now owns 386,165 shares of the company’s stock valued at $9,616,000 after buying an additional 51,188 shares during the period.

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.