Short Interest in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Increases By 100.5%

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 1,001,522 shares, a growth of 100.5% from the January 15th total of 499,488 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 2,495,105 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 2,495,105 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

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

NYSEARCA SCHZ traded up $0.07 on Friday, reaching $23.62. 2,690,093 shares of the company’s stock traded hands, compared to its average volume of 2,483,373. The stock has a 50 day moving average price of $23.41 and a 200-day moving average price of $23.42. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $22.52 and a fifty-two week high of $23.71.

Schwab U.S. Aggregate Bond ETF Increases Dividend

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

Institutional Trading of Schwab U.S. Aggregate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SCHZ. Retirement Guys Formula LLC raised its position in shares of Schwab U.S. Aggregate Bond ETF by 2.2% in the fourth quarter. Retirement Guys Formula LLC now owns 19,798 shares of the company’s stock worth $463,000 after acquiring an additional 432 shares during the period. Maripau Wealth Management LLC raised its holdings in Schwab U.S. Aggregate Bond ETF by 1.2% in the 3rd quarter. Maripau Wealth Management LLC now owns 37,722 shares of the company’s stock worth $885,000 after purchasing an additional 455 shares during the period. Aptus Capital Advisors LLC grew its stake in Schwab U.S. Aggregate Bond ETF by 4.5% in the 3rd quarter. Aptus Capital Advisors LLC now owns 10,671 shares of the company’s stock valued at $250,000 after acquiring an additional 456 shares during the period. M1 Capital Management LLC increased its holdings in Schwab U.S. Aggregate Bond ETF by 0.4% in the 4th quarter. M1 Capital Management LLC now owns 102,858 shares of the company’s stock worth $2,404,000 after acquiring an additional 459 shares in the last quarter. Finally, CoreCap Advisors LLC raised its position in Schwab U.S. Aggregate Bond ETF by 11.2% during the fourth quarter. CoreCap Advisors LLC now owns 4,700 shares of the company’s stock worth $110,000 after acquiring an additional 473 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.