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

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,606,350 shares, an increase of 242.8% from the May 14th total of 468,587 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 2,518,475 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Schwab U.S. Aggregate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in SCHZ. Godfrey Financial Associates Inc. acquired a new position in Schwab U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. Newport Capital Group LLC acquired a new position in Schwab U.S. Aggregate Bond ETF in the fourth quarter worth $25,000. Rossby Financial LCC boosted its holdings in Schwab U.S. Aggregate Bond ETF by 121.1% in the third quarter. Rossby Financial LCC now owns 1,077 shares of the company’s stock worth $25,000 after purchasing an additional 590 shares during the period. LGT Financial Advisors LLC boosted its holdings in Schwab U.S. Aggregate Bond ETF by 868.6% in the third quarter. LGT Financial Advisors LLC now owns 1,172 shares of the company’s stock worth $28,000 after purchasing an additional 1,051 shares during the period. Finally, Gilpin Wealth Management LLC acquired a new position in Schwab U.S. Aggregate Bond ETF in the fourth quarter worth $28,000.

Schwab U.S. Aggregate Bond ETF Stock Up 0.6%

Shares of NYSEARCA:SCHZ traded up $0.14 during midday trading on Thursday, reaching $23.12. The company had a trading volume of 1,413,336 shares, compared to its average volume of 2,325,179. The stock’s fifty day moving average price is $23.14 and its 200-day moving average price is $23.32. Schwab U.S. Aggregate Bond ETF has a one year low of $22.77 and a one year 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.