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 decline in short interest in the month of August. As of August 31st, there was short interest totaling 597,101 shares, a decline 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 shares are short sold.

Hedge Funds Weigh In On Schwab U.S. Aggregate Bond ETF

Several hedge funds have recently bought and sold shares of the business. Rockbridge Investment Management LCC boosted its stake in shares of 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 during the period. Avantax Planning Partners Inc. grew its stake 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 raised its position 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 valued at $152,702,000 after purchasing an additional 186,945 shares in the last quarter. HighTower Advisors LLC increased its stake 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 period. Finally, Valpey Financial Services LLC raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 2,295.2% in the fourth quarter. Valpey Financial Services LLC now owns 3,749,009 shares of the company’s stock valued at $87,614,000 after acquiring an additional 3,592,488 shares in the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Performance

Schwab U.S. Aggregate Bond ETF stock traded up $0.07 during midday trading on Wednesday, reaching $22.48. The stock had a trading volume of 778,625 shares, compared to its average volume of 2,139,556. The company has a fifty day moving average of $22.77 and a 200 day moving average of $23.04. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.37 and a 52-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.