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

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) traded down 0.1% during trading on Friday . The stock traded as low as $24.33 and last traded at $24.33. 85,016 shares changed hands during trading, a decline of 9% from the average session volume of 93,414 shares. The stock had previously closed at $24.36.

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

The stock has a fifty day simple moving average of $24.46 and a two-hundred day simple moving average of $24.48.

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

Large investors have recently bought and sold shares of the stock. Cambridge Investment Research Advisors Inc. boosted its holdings in Schwab 1-5 Year Corporate Bond ETF by 35.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 49,004 shares of the company’s stock worth $2,366,000 after acquiring an additional 12,773 shares in the last quarter. Cannon Financial Strategists Inc. bought a new position in shares of Schwab 1-5 Year Corporate Bond ETF in the 2nd quarter worth $1,307,000. Foundations Investment Advisors LLC lifted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 57.1% in the 2nd quarter. Foundations Investment Advisors LLC now owns 21,377 shares of the company’s stock worth $1,032,000 after purchasing an additional 7,769 shares in the last quarter. Kades & Cheifetz LLC grew its position in Schwab 1-5 Year Corporate Bond ETF by 3.2% in the 3rd quarter. Kades & Cheifetz LLC now owns 86,099 shares of the company’s stock valued at $4,271,000 after purchasing an additional 2,672 shares during the period. Finally, B. Riley Wealth Advisors Inc. increased its stake in Schwab 1-5 Year Corporate Bond ETF by 11.9% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 72,874 shares of the company’s stock valued at $3,518,000 after purchasing an additional 7,746 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.