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

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totaling 359,512 shares, an increase of 41.4% from the March 31st total of 254,187 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 2,001,172 shares, the short-interest ratio is presently 0.2 days.

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

Shares of SCHZ traded up $0.04 during trading hours on Thursday, hitting $23.19. The company had a trading volume of 7,828,859 shares, compared to its average volume of 2,394,765. Schwab U.S. Aggregate Bond ETF has a one year low of $22.64 and a one year high of $23.73. The company’s fifty day moving average price is $23.32 and its two-hundred day moving average price is $23.42.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. CWM LLC grew its stake in Schwab U.S. Aggregate Bond ETF by 2,068.1% during the 4th quarter. CWM LLC now owns 4,022,406 shares of the company’s stock worth $94,004,000 after buying an additional 3,836,881 shares during the last quarter. Valpey Financial Services LLC grew its stake in Schwab U.S. Aggregate Bond ETF by 2,295.2% during the 4th quarter. Valpey Financial Services LLC now owns 3,749,009 shares of the company’s stock worth $87,614,000 after buying an additional 3,592,488 shares during the last quarter. Modern Wealth Management LLC purchased a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth $27,064,000. Rockbridge Investment Management LCC grew its stake in Schwab U.S. Aggregate Bond ETF by 12.6% during the 4th quarter. Rockbridge Investment Management LCC now owns 8,957,935 shares of the company’s stock worth $209,347,000 after buying an additional 999,097 shares during the last quarter. Finally, NorthRock Partners LLC grew its stake in Schwab U.S. Aggregate Bond ETF by 209,215.9% during the 3rd quarter. NorthRock Partners LLC now owns 935,642 shares of the company’s stock worth $21,960,000 after buying an additional 935,195 shares during the last quarter.

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.