Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Shares Shorted: Short Interest Up 276.2% in September

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 945,590 shares, a growth of 276.2% from the September 15th total of 251,386 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 3,881,301 shares, the days-to-cover ratio is currently 0.2 days.

Schwab U.S. Aggregate Bond ETF Price Performance

SCHZ stock traded up $0.02 during midday trading on Friday, reaching $22.12. The company’s stock had a trading volume of 2,197,220 shares, compared to its average volume of 2,276,200. Schwab U.S. Aggregate Bond ETF has a 52 week low of $21.92 and a 52 week high of $23.73. The business’s 50-day simple moving average is $22.54 and its 200-day simple moving average is $22.89.

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

A number of hedge funds have recently modified their holdings of SCHZ. Rockbridge Investment Management LCC grew its position in shares of Schwab U.S. Aggregate Bond ETF by 8.2% in the 1st quarter. Rockbridge Investment Management LCC now owns 9,693,597 shares of the company’s stock valued at $225,085,000 after purchasing an additional 735,662 shares during the period. Avantax Planning Partners Inc. raised its holdings in Schwab U.S. Aggregate Bond ETF by 3.5% during the 1st quarter. Avantax Planning Partners Inc. now owns 7,710,661 shares of the company’s stock worth $179,042,000 after buying an additional 263,321 shares during the period. Charles Schwab Trust Co raised its holdings in Schwab U.S. Aggregate Bond ETF by 2.9% during the 2nd quarter. Charles Schwab Trust Co now owns 6,601,917 shares of the company’s stock worth $152,702,000 after buying an additional 186,945 shares during the period. Envestnet Asset Management Inc. lifted its stake in Schwab U.S. Aggregate Bond ETF by 5.7% in the second quarter. Envestnet Asset Management Inc. now owns 3,483,103 shares of the company’s stock valued at $80,564,000 after buying an additional 188,635 shares in the last quarter. Finally, Oarsman Capital Inc. lifted its stake in Schwab U.S. Aggregate Bond ETF by 2,413.9% in the second quarter. Oarsman Capital Inc. now owns 3,355,112 shares of the company’s stock valued at $77,604,000 after buying an additional 3,221,648 shares in the last quarter.

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.