Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ – Get Free Report) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 251,386 shares, a drop of 57.9% from the August 31st total of 597,101 shares. Based on an average daily volume of 2,582,492 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in SCHZ. Newport Capital Group LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at approximately $25,000. PNC Financial Services Group Inc. bought a new position in Schwab U.S. Aggregate Bond ETF in the 1st quarter valued at approximately $37,000. Sachetta LLC boosted its position in Schwab U.S. Aggregate Bond ETF by 447.6% in the first quarter. Sachetta LLC now owns 1,818 shares of the company’s stock valued at $42,000 after buying an additional 1,486 shares in the last quarter. MCF Advisors LLC acquired a new stake in Schwab U.S. Aggregate Bond ETF in the fourth quarter valued at approximately $51,000. Finally, SouthState Bank Corp grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 539.3% during the first quarter. SouthState Bank Corp now owns 2,212 shares of the company’s stock worth $51,000 after buying an additional 1,866 shares during the last quarter.
Schwab U.S. Aggregate Bond ETF Price Performance
Shares of SCHZ stock traded down $0.02 on Tuesday, hitting $22.11. 2,620,643 shares of the company’s stock were exchanged, compared to its average volume of 2,235,476. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.04 and a 12 month high of $23.73. The company has a 50 day moving average of $22.67 and a 200 day moving average of $22.96.
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.
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