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

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the target of a significant drop in short interest in 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 currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

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

SCHZ stock traded down $0.12 during mid-day trading on Monday, reaching $22.13. The company’s stock had a trading volume of 3,128,791 shares, compared to its average volume of 2,233,392. Schwab U.S. Aggregate Bond ETF has a 12 month low of $22.08 and a 12 month high of $23.73. The business’s 50 day moving average price is $22.69 and its 200 day moving average price is $22.97.

Institutional Trading of Schwab U.S. Aggregate Bond ETF

Several large investors have recently modified their holdings of SCHZ. Envestnet Portfolio Solutions Inc. lifted its position in shares of Schwab U.S. Aggregate Bond ETF by 31.3% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 159,044 shares of the company’s stock valued at $3,679,000 after acquiring an additional 37,900 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Schwab U.S. Aggregate Bond ETF by 5.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,483,103 shares of the company’s stock valued at $80,564,000 after buying an additional 188,635 shares during the period. Cahill Financial Advisors Inc. increased its position in Schwab U.S. Aggregate Bond ETF by 7.0% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 168,200 shares of the company’s stock valued at $3,890,000 after buying an additional 10,943 shares in the last quarter. NorthRock Partners LLC raised its stake in Schwab U.S. Aggregate Bond ETF by 33.9% during the 2nd quarter. NorthRock Partners LLC now owns 1,618,956 shares of the company’s stock worth $37,446,000 after buying an additional 409,926 shares during the period. Finally, Integrated Wealth Concepts LLC raised its stake in Schwab U.S. Aggregate Bond ETF by 24.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 395,992 shares of the company’s stock worth $9,159,000 after buying an additional 76,887 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.