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

On December 29, 2024, shares of Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) experienced a small decline, trading down by 0.1%. The stock reached a low of $24.33 and remained at that price, with approximately 85,016 shares changing hands during the trading session. This volume is notably lower, representing a 9% decrease compared to the average daily volume of 93,414 shares. The previous closing price for SCHJ was $24.36.

Price Performance of Schwab 1-5 Year Corporate Bond ETF

The ETF's performance can be assessed through its moving averages. The 50-day moving average stands at $24.46, while the 200-day moving average is $24.48. This indicates a relatively stable price range over the short and long term, but investors should monitor these averages closely for potential signals.

Institutional Trading Activities

Institutional investors have been active in adjusting their positions in the Schwab 1-5 Year Corporate Bond ETF. During the third quarter, Peapack Gladstone Financial Corp initiated a new stake worth about $278,000. Similarly, Wilmington Savings Fund Society FSB added a new stake valued at approximately $134,000. Sanctuary Advisors LLC significantly increased its holdings by 182.3%, bringing its total to 67,937 shares valued at $3,370,000 after buying an additional 43,869 shares in this period. Also noteworthy is the 11.4% growth in Integrated Wealth Concepts LLC's holdings, amounting to 67,433 shares worth $3,345,000 after acquiring an additional 6,899 shares. Lastly, Flow Traders U.S. LLC entered a new investment in SCHJ during the same quarter, valued at roughly $1,577,000.

Overview of Schwab 1-5 Year Corporate Bond ETF

The Schwab 1-5 Year Corporate Bond ETF (SCHJ) is an exchange-traded fund that primarily invests in investment-grade fixed income. It aims to track a market-weighted index consisting of USD-denominated, investment-grade corporate bonds with maturities ranging from one to five years. Launched on October 10, 2019, SCHJ is managed by Charles Schwab.

Conclusion and Future Considerations

As SCHJ trades lower, investors are left to ponder whether it is time to sell. Those considering a decision should weigh the ETF's recent performance alongside broader market trends and economic indicators. Staying informed through regular updates and insights is crucial for maintaining an effective investment strategy.

Schwab, Bonds, ETF