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

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 254,187 shares, a decline of 70.9% from the March 15th total of 874,739 shares. Based on an average daily trading volume, of 3,216,632 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of Schwab U.S. Aggregate Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. World Investment Advisors lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 4.8% in the fourth quarter. World Investment Advisors now owns 12,158 shares of the company’s stock worth $284,000 after buying an additional 562 shares during the last quarter. Nalls Sherbakoff Group LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter worth about $5,257,000. Downshift Financial LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter worth about $1,229,000. Corient Private Wealth LLC acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the fourth quarter worth about $544,000. Finally, Valpey Financial Services LLC lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 2.5% in the fourth quarter. Valpey Financial Services LLC now owns 160,420 shares of the company’s stock worth $3,749,000 after buying an additional 3,899 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Stock Down 0.2%

Shares of NYSEARCA:SCHZ opened at $23.23 on Friday. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $22.52 and a fifty-two week high of $23.73. The business has a 50-day moving average of $23.37 and a two-hundred day moving average of $23.43.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were given a $0.0772 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.