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

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 1,606,350 shares, a growth of 242.8% from the May 14th total of 468,587 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 2,518,475 shares, the days-to-cover ratio is currently 0.6 days.

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

Hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC bought a new position in shares of Schwab U.S. Aggregate Bond ETF in the 4th quarter valued at about $317,000. AQR Capital Management LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 15.9% during the 1st quarter. AQR Capital Management LLC now owns 14,212 shares of the company’s stock worth $329,000 after acquiring an additional 1,948 shares during the last quarter. Focus Partners Wealth boosted its stake in Schwab U.S. Aggregate Bond ETF by 28.9% during the 1st quarter. Focus Partners Wealth now owns 28,189 shares of the company’s stock worth $653,000 after acquiring an additional 6,326 shares during the last quarter. Diversify Advisory Services LLC bought a new position in Schwab U.S. Aggregate Bond ETF during the 2nd quarter worth approximately $3,099,000. Finally, Raymond James Financial Inc. boosted its stake in Schwab U.S. Aggregate Bond ETF by 35.9% during the 2nd quarter. Raymond James Financial Inc. now owns 865,452 shares of the company’s stock worth $20,113,000 after acquiring an additional 228,444 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Trading Down 0.1%

Shares of Schwab U.S. Aggregate Bond ETF stock traded down $0.03 during mid-day trading on Friday, reaching $23.09. 1,660,090 shares of the stock were exchanged, compared to its average volume of 2,319,244. The firm has a 50-day simple moving average of $23.14 and a 200 day simple moving average of $23.32. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $22.77 and a fifty-two week 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.