Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 2,342,830 shares, a growth of 147.8% from the September 30th total of 945,590 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 2,993,046 shares, the short-interest ratio is currently 0.8 days.
Schwab U.S. Aggregate Bond ETF Price Performance
Shares of NYSEARCA:SCHZ traded up $0.05 during trading hours on Friday, hitting $22.53. The stock had a trading volume of 6,398,045 shares, compared to its average volume of 2,315,888. The stock’s fifty day simple moving average is $22.40 and its 200 day simple moving average is $22.98. Schwab U.S. Aggregate Bond ETF has a 1-year low of $21.92 and a 1-year high of $23.73.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Pathway Financial Advisers LLC bought a new position in Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $460,000. Costello Asset Management INC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $553,000. Bfsg LLC bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $2,587,000. Clear Point Advisors Inc. bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter worth about $7,930,000. Finally, Basso Capital Management L.P. acquired a new stake in shares of Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth approximately $1,778,000.
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.
Recommended Stories
- Five stocks we like better than Schwab U.S. Aggregate Bond ETF
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Receive News & Ratings for Schwab U.S. Aggregate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Aggregate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
