Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Short Interest Update

by · The Cerbat Gem

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ – Get Free Report) 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.

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

Several institutional investors and hedge funds have recently made changes to their positions in SCHZ. Godfrey Financial Associates Inc. bought a new stake in Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at about $25,000. Newport Capital Group LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF in the 4th quarter worth approximately $25,000. LGT Financial Advisors LLC grew its position in shares of Schwab U.S. Aggregate Bond ETF by 868.6% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,172 shares of the company’s stock worth $28,000 after acquiring an additional 1,051 shares in the last quarter. Gilpin Wealth Management LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 4th quarter valued at approximately $28,000. Finally, PNC Financial Services Group Inc. acquired a new position in Schwab U.S. Aggregate Bond ETF in the first quarter worth $37,000.

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

Shares of NYSEARCA:SCHZ traded down $0.06 during trading on Friday, hitting $22.79. The company’s stock had a trading volume of 1,530,639 shares, compared to its average volume of 2,116,361. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $22.69 and a fifty-two week high of $23.73. The stock’s 50-day moving average price is $22.90 and its two-hundred day moving average price is $23.12.

Schwab U.S. Aggregate Bond ETF Company Profile

(Get Free Report)

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.

Recommended Stories