Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Sees Significant Decline in Short Interest

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 75,786 shares, a decline of 92.4% from the January 29th total of 1,001,522 shares. Based on an average trading volume of 2,134,975 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,134,975 shares, the days-to-cover ratio is currently 0.0 days.

Schwab U.S. Aggregate Bond ETF Trading Up 0.2%

Shares of SCHZ traded up $0.04 during mid-day trading on Thursday, reaching $23.67. The company’s stock had a trading volume of 1,400,886 shares, compared to its average volume of 2,306,247. Schwab U.S. Aggregate Bond ETF has a 12-month low of $22.52 and a 12-month high of $23.71. The company’s 50 day moving average is $23.45 and its 200 day moving average is $23.44.

Schwab U.S. Aggregate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were paid a $0.085 dividend. This is a boost from Schwab U.S. Aggregate Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Monday, February 2nd.

Hedge Funds Weigh In On Schwab U.S. Aggregate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter worth $317,000. AQR Capital Management LLC raised its position in Schwab U.S. Aggregate Bond ETF by 15.9% during the 1st quarter. AQR Capital Management LLC now owns 14,212 shares of the company’s stock worth $329,000 after buying an additional 1,948 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of Schwab U.S. Aggregate Bond ETF by 28.9% in the 1st quarter. Focus Partners Wealth now owns 28,189 shares of the company’s stock worth $653,000 after acquiring an additional 6,326 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 4,002,318 shares of the company’s stock valued at $93,014,000 after acquiring an additional 94,200 shares in the last quarter. Finally, Advisory Alpha LLC increased its stake in shares of Schwab U.S. Aggregate Bond ETF by 6.7% during the second quarter. Advisory Alpha LLC now owns 27,413 shares of the company’s stock worth $637,000 after acquiring an additional 1,710 shares during the period.

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.