Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Short Interest Up 138.1% in February

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 82,290 shares, an increase of 138.1% from the January 29th total of 34,554 shares. Based on an average daily volume of 283,468 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 283,468 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SCHJ. Meridian Wealth Management LLC raised its position in shares of Schwab 1-5 Year Corporate Bond ETF by 6.2% in the third quarter. Meridian Wealth Management LLC now owns 395,852 shares of the company’s stock valued at $9,875,000 after purchasing an additional 23,267 shares during the period. Compass Financial Group INC SD grew its stake in Schwab 1-5 Year Corporate Bond ETF by 19.0% in the 3rd quarter. Compass Financial Group INC SD now owns 149,136 shares of the company’s stock valued at $3,720,000 after buying an additional 23,826 shares in the last quarter. Focus Partners Advisor Solutions LLC purchased a new position in Schwab 1-5 Year Corporate Bond ETF in the 2nd quarter valued at approximately $465,000. White Wing Wealth Management raised its holdings in Schwab 1-5 Year Corporate Bond ETF by 6.5% during the 3rd quarter. White Wing Wealth Management now owns 345,003 shares of the company’s stock valued at $8,594,000 after acquiring an additional 20,970 shares during the period. Finally, Calamos Advisors LLC purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the second quarter worth $787,000.

Schwab 1-5 Year Corporate Bond ETF Stock Performance

Schwab 1-5 Year Corporate Bond ETF stock opened at $25.02 on Friday. Schwab 1-5 Year Corporate Bond ETF has a 52-week low of $24.23 and a 52-week high of $25.03. The stock’s 50 day moving average price is $24.93 and its two-hundred day moving average price is $24.92.

Schwab 1-5 Year Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were given a $0.1015 dividend. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend was Monday, February 2nd. This is an increase from Schwab 1-5 Year Corporate Bond ETF’s previous monthly dividend of $0.09.

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.