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

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 995,242 shares, an increase of 126.5% from the July 30th total of 439,316 shares. Based on an average daily volume of 1,706,665 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

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

Large investors have recently modified their holdings of the stock. HORAN Wealth LLC boosted its position in shares of Schwab U.S. Aggregate Bond ETF by 4.0% in the 2nd quarter. HORAN Wealth LLC now owns 11,523 shares of the company’s stock valued at $267,000 after purchasing an additional 447 shares during the period. January Capital Advisors LLC raised its holdings in Schwab U.S. Aggregate Bond ETF by 734.2% during the 2nd quarter. January Capital Advisors LLC now owns 341,513 shares of the company’s stock worth $7,899,000 after buying an additional 300,572 shares during the period. Serenity Investment Advisors raised its holdings in Schwab U.S. Aggregate Bond ETF by 1.8% during the 2nd quarter. Serenity Investment Advisors now owns 111,150 shares of the company’s stock worth $2,531,000 after buying an additional 1,920 shares during the period. Ameritas Advisory Services LLC purchased a new stake in Schwab U.S. Aggregate Bond ETF during the second quarter valued at about $1,393,000. Finally, Asset Allocation Strategies LLC lifted its stake in Schwab U.S. Aggregate Bond ETF by 1.2% during the second quarter. Asset Allocation Strategies LLC now owns 933,117 shares of the company’s stock valued at $21,583,000 after buying an additional 11,090 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Price Performance

NYSEARCA:SCHZ traded down $0.06 during midday trading on Friday, hitting $22.79. 1,530,639 shares of the stock were exchanged, compared to its average volume of 2,116,361. Schwab U.S. Aggregate Bond ETF has a one year low of $22.69 and a one year high of $23.73. The business has a 50-day moving average price of $22.91 and a two-hundred day moving average price of $23.13.

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.