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

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 817,594 shares, a decline of 49.1% from the May 31st total of 1,606,350 shares. Based on an average trading volume of 1,673,232 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Brighton Jones LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF in the 4th quarter valued at $317,000. AQR Capital Management LLC increased its holdings in Schwab U.S. Aggregate Bond ETF by 15.9% in the first quarter. AQR Capital Management LLC now owns 14,212 shares of the company’s stock valued at $329,000 after buying an additional 1,948 shares in the last quarter. Focus Partners Wealth raised its position in shares of Schwab U.S. Aggregate Bond ETF by 28.9% in the first 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. Diversify Advisory Services LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF in the second quarter worth about $3,099,000. Finally, Raymond James Financial Inc. increased its stake in shares of Schwab U.S. Aggregate Bond ETF by 35.9% in the 2nd quarter. Raymond James Financial Inc. now owns 865,452 shares of the company’s stock valued at $20,113,000 after purchasing an additional 228,444 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

NYSEARCA:SCHZ opened at $23.23 on Tuesday. The firm’s fifty day moving average is $23.12 and its two-hundred day moving average is $23.29. Schwab U.S. Aggregate Bond ETF has a one year low of $22.77 and a one year high of $23.73.

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.