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

On December 29, 2024, shares of the Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) experienced a slight decline of 0.1%. The stock traded at a low of $24.33 and ended the session at the same price. A total of approximately 85,016 shares were exchanged, marking a 9% decrease compared to the average daily trading volume of 93,414 shares. The previous closing price was $24.36.

Performance Overview of Schwab 1-5 Year Corporate Bond ETF

The Schwab ETF has a 50-day moving average of $24.46 and a 200-day moving average of $24.48, indicating a stable price range over the past months.

Institutional Investor Activity

Recently, several institutional investors have adjusted their stakes in SCHJ. Peapack Gladstone Financial Corp initiated a new position worth about $278,000 in the third quarter. Wilmington Savings Fund Society FSB also acquired a new stake valued at around $134,000 during the same period. Sanctuary Advisors LLC significantly increased its holdings by 182.3%, reaching a total of 67,937 shares worth $3,370,000 after adding 43,869 shares. Additionally, Integrated Wealth Concepts LLC expanded its position by 11.4%, holding a total of 67,433 shares worth $3,345,000 after purchasing an extra 6,899 shares in the last quarter. Flow Traders U.S. LLC also started a new investment in SCHJ in the third quarter, valued at approximately $1,577,000.

About the Schwab 1-5 Year Corporate Bond ETF

The Schwab 1-5 Year Corporate Bond ETF (SCHJ) primarily invests in investment-grade fixed-income securities. It follows a market-weighted index composed of U.S. dollar-denominated investment-grade corporate bonds that mature in 1 to 5 years. The ETF was launched on October 10, 2019, and is managed by Charles Schwab.

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ETFs, Investing, Bonds