Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Sets New 52-Week Low – Here’s What Happened

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ)’s stock price hit a new 52-week low on Wednesday . The company traded as low as $24.52 and last traded at $24.52, with a volume of 54309 shares. The stock had previously closed at $24.56.

Schwab 1-5 Year Corporate Bond ETF Price Performance

The stock’s 50-day moving average price is $24.63 and its 200-day moving average price is $24.77.

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

Several institutional investors have recently made changes to their positions in SCHJ. Hartline Investment Corp lifted its holdings 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 purchasing an additional 63,035 shares during the last quarter. Columbus Macro LLC grew its stake in Schwab 1-5 Year Corporate Bond ETF by 2.9% during the 4th quarter. Columbus Macro LLC now owns 446,316 shares of the company’s stock worth $11,113,000 after buying an additional 12,767 shares during the last quarter. White Wing Wealth Management increased its position in Schwab 1-5 Year Corporate Bond ETF by 23.7% in the fourth quarter. White Wing Wealth Management now owns 426,746 shares of the company’s stock worth $10,626,000 after buying an additional 81,743 shares during the period. Cetera Investment Advisers increased its position in Schwab 1-5 Year Corporate Bond ETF by 0.7% in the first quarter. Cetera Investment Advisers now owns 388,794 shares of the company’s stock worth $9,613,000 after buying an additional 2,629 shares during the period. Finally, SlateStone Wealth LLC lifted its stake in Schwab 1-5 Year Corporate Bond ETF by 65.6% in the fourth quarter. SlateStone Wealth LLC now owns 342,171 shares of the company’s stock valued at $8,520,000 after buying an additional 135,514 shares during the last quarter.

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.