Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ – Get Free Report) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 945,590 shares, an increase of 276.2% from the September 15th total of 251,386 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 3,881,301 shares, the days-to-cover ratio is currently 0.2 days.
Schwab U.S. Aggregate Bond ETF Stock Performance
SCHZ traded up $0.02 on Friday, hitting $22.12. 2,197,220 shares of the company were exchanged, compared to its average volume of 2,276,200. The stock’s fifty day moving average is $22.54 and its 200-day moving average is $22.89. Schwab U.S. Aggregate Bond ETF has a 12 month low of $21.92 and a 12 month high of $23.73.
Hedge Funds Weigh In On Schwab U.S. Aggregate Bond ETF
Several hedge funds and other institutional investors have recently made changes to their positions in SCHZ. Armstrong Advisory Group Inc. bought a new stake in Schwab U.S. Aggregate Bond ETF during the third quarter worth $170,000. Friday Financial bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $985,000. Balefire LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $2,664,000. Bullock Wealth Management Group acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $96,000. Finally, Graves Light Lenhart Wealth Inc. acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $1,090,000.
Schwab U.S. Aggregate Bond ETF Company Profile
The Schwab U.S. Aggregate Bond ETF (SCHZ) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a broad index of U.S. investment grade fixed income securities, including corporate, government, and mortgage-backed securities. SCHZ was launched on Jul 14, 2011 and is managed by Charles Schwab.
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