Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Stock Price Down 0.1% – Should You Sell?

Shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) fell 0.1% during mid-day trading on Friday . The company 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 Performance

The business has a fifty day simple moving average of $24.46 and a 200 day simple moving average of $24.48.

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

Institutional investors have recently bought and sold shares of the stock. Meridian Wealth Management LLC purchased a new position in Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter worth $7,258,000. Pure Portfolios Holdings LLC purchased a new position in Schwab 1-5 Year Corporate Bond ETF during the third quarter worth about $2,641,000. White Wing Wealth Management boosted its holdings in Schwab 1-5 Year Corporate Bond ETF by 60.1% during the second quarter. White Wing Wealth Management now owns 136,208 shares of the company’s stock worth $6,576,000 after purchasing an additional 51,157 shares during the last quarter. Sanctuary Advisors LLC grew its position in Schwab 1-5 Year Corporate Bond ETF by 182.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 67,937 shares of the company’s stock worth $3,370,000 after purchasing an additional 43,869 shares in the last quarter. Finally, Columbus Macro LLC increased its stake in Schwab 1-5 Year Corporate Bond ETF by 29.1% in the 3rd quarter. Columbus Macro LLC now owns 192,677 shares of the company’s stock valued at $9,559,000 after buying an additional 43,376 shares during 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.