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

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

Schwab U.S. Aggregate Bond ETF Price Performance

Schwab U.S. Aggregate Bond ETF stock opened at $23.23 on Tuesday. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.77 and a 1-year high of $23.73. The business has a fifty day moving average price of $23.12 and a 200-day moving average price of $23.29.

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

Hedge funds have recently modified their holdings of the stock. CWM LLC increased 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 valued at $94,004,000 after purchasing an additional 3,836,881 shares in the last quarter. Valpey Financial Services LLC increased its position in shares of Schwab U.S. Aggregate Bond ETF by 2,295.2% in the 4th quarter. Valpey Financial Services LLC now owns 3,749,009 shares of the company’s stock valued at $87,614,000 after acquiring an additional 3,592,488 shares during the period. Modern Wealth Management LLC purchased a new position in Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth $27,064,000. Rockbridge Investment Management LCC lifted its position 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 acquiring an additional 999,097 shares during the period. Finally, NorthRock Partners LLC lifted its position 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 acquiring an additional 935,195 shares during the period.

About Schwab U.S. Aggregate Bond ETF

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.