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

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 376,721 shares, a growth of 397.1% from the February 12th total of 75,786 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 1,622,954 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 1,622,954 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Schwab U.S. Aggregate Bond ETF Stock Down 0.3%

NYSEARCA SCHZ traded down $0.07 on Tuesday, hitting $23.42. 1,979,795 shares of the company were exchanged, compared to its average volume of 2,264,504. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.52 and a 12 month high of $23.73. The stock has a fifty day moving average of $23.47 and a 200-day moving average of $23.47.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.0772 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.0%.

Institutional Trading of Schwab U.S. Aggregate Bond ETF

Several large 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 during the 4th quarter worth approximately $25,000. Newport Capital Group LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $25,000. Rossby Financial LCC increased its holdings in shares of Schwab U.S. Aggregate Bond ETF by 121.1% during the third quarter. Rossby Financial LCC now owns 1,077 shares of the company’s stock valued at $25,000 after acquiring an additional 590 shares in the last quarter. Decker Retirement Planning Inc. bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the third quarter valued at approximately $26,000. Finally, LGT Financial Advisors LLC raised its position in shares of Schwab U.S. Aggregate Bond ETF by 868.6% during 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.

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.