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

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 995,242 shares, an increase of 126.5% from the July 30th total of 439,316 shares. Based on an average trading volume of 1,706,665 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On Schwab U.S. Aggregate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. HORAN Wealth LLC lifted its position in Schwab U.S. Aggregate Bond ETF by 4.0% in the 2nd quarter. HORAN Wealth LLC now owns 11,523 shares of the company’s stock valued at $267,000 after purchasing an additional 447 shares during the last quarter. January Capital Advisors LLC raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 734.2% during the second quarter. January Capital Advisors LLC now owns 341,513 shares of the company’s stock valued at $7,899,000 after buying an additional 300,572 shares during the last quarter. Serenity Investment Advisors raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 1.8% during the second quarter. Serenity Investment Advisors now owns 111,150 shares of the company’s stock valued at $2,531,000 after buying an additional 1,920 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the second quarter valued at approximately $1,393,000. Finally, Asset Allocation Strategies LLC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 1.2% during the second quarter. Asset Allocation Strategies LLC now owns 933,117 shares of the company’s stock worth $21,583,000 after buying an additional 11,090 shares during the period.

Schwab U.S. Aggregate Bond ETF Trading Down 0.3%

SCHZ traded down $0.06 during trading on Friday, hitting $22.79. The company had a trading volume of 1,530,639 shares, compared to its average volume of 2,116,361. The business has a 50-day moving average of $22.91 and a 200-day moving average of $23.13. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.69 and a 1-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.