Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Short Interest Down 40.0% in August

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 597,101 shares, a decrease of 40.0% from the August 15th total of 995,242 shares. Based on an average daily volume of 1,623,285 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

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

A number of hedge funds have recently made changes to their positions in SCHZ. Rockbridge Investment Management LCC boosted its position in Schwab U.S. Aggregate Bond ETF by 8.2% during the first 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 in the last quarter. Avantax Planning Partners Inc. raised its holdings in Schwab U.S. Aggregate Bond ETF by 3.5% in the first quarter. Avantax Planning Partners Inc. now owns 7,710,661 shares of the company’s stock worth $179,042,000 after purchasing an additional 263,321 shares in the last quarter. Charles Schwab Trust Co lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 2.9% during the second quarter. Charles Schwab Trust Co now owns 6,601,917 shares of the company’s stock valued at $152,702,000 after buying an additional 186,945 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 8.0% during the fourth quarter. HighTower Advisors LLC now owns 4,117,942 shares of the company’s stock valued at $96,236,000 after buying an additional 304,989 shares during the last quarter. Finally, Valpey Financial Services LLC boosted its holdings 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 buying an additional 3,592,488 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

SCHZ stock traded up $0.07 during trading on Wednesday, hitting $22.48. 778,625 shares of the company’s stock traded hands, compared to its average volume of 2,139,556. Schwab U.S. Aggregate Bond ETF has a 1 year low of $22.37 and a 1 year high of $23.73. The business has a fifty day simple moving average of $22.77 and a two-hundred day simple moving average of $23.04.

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.