Short Interest in Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Expands By 397.1%

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the recipient of a significant 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. Based on an average daily volume of 1,622,954 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,622,954 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Schwab U.S. Aggregate Bond ETF

Several large investors have recently bought and sold shares of SCHZ. CWM LLC grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 2,068.1% in the 4th quarter. CWM LLC now owns 4,022,406 shares of the company’s stock valued at $94,004,000 after buying an additional 3,836,881 shares during the period. Valpey Financial Services LLC raised its position in shares of Schwab U.S. Aggregate Bond ETF by 2,295.2% during the 4th quarter. Valpey Financial Services LLC now owns 3,749,009 shares of the company’s stock valued at $87,614,000 after buying an additional 3,592,488 shares during the period. Modern Wealth Management LLC purchased a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at approximately $27,064,000. Rockbridge Investment Management LCC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 12.6% in the fourth quarter. Rockbridge Investment Management LCC now owns 8,957,935 shares of the company’s stock valued at $209,347,000 after acquiring an additional 999,097 shares during the last quarter. Finally, NorthRock Partners LLC lifted its holdings in Schwab U.S. Aggregate Bond ETF by 209,215.9% in the third quarter. NorthRock Partners LLC now owns 935,642 shares of the company’s stock valued at $21,960,000 after acquiring an additional 935,195 shares during the last quarter.

Schwab U.S. Aggregate Bond ETF Trading Down 0.5%

SCHZ stock traded down $0.11 during midday trading on Wednesday, reaching $23.31. The stock had a trading volume of 1,160,144 shares, compared to its average volume of 2,239,296. Schwab U.S. Aggregate Bond ETF has a 52-week low of $22.52 and a 52-week high of $23.73. The company’s fifty day simple moving average is $23.47 and its 200 day simple moving average is $23.47.

Schwab U.S. Aggregate Bond ETF Cuts Dividend

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

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.