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

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,001,522 shares, an increase of 100.5% from the January 15th total of 499,488 shares. Based on an average trading volume of 2,495,105 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 2,495,105 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Schwab U.S. Aggregate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in Schwab U.S. Aggregate Bond ETF by 3.7% during the 4th quarter. JPMorgan Chase & Co. now owns 12,588,220 shares of the company’s stock valued at $294,187,000 after purchasing an additional 451,820 shares during the period. Rockbridge Investment Management LCC increased its stake in shares of Schwab U.S. Aggregate Bond ETF by 12.6% during the fourth quarter. Rockbridge Investment Management LCC now owns 8,957,935 shares of the company’s stock valued at $209,347,000 after buying an additional 999,097 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Schwab U.S. Aggregate Bond ETF by 1.3% during the second quarter. Ameriprise Financial Inc. now owns 7,450,294 shares of the company’s stock valued at $173,387,000 after buying an additional 98,660 shares during the period. Avantax Planning Partners Inc. raised its holdings in shares of Schwab U.S. Aggregate Bond ETF by 3.7% during the fourth quarter. Avantax Planning Partners Inc. now owns 7,447,340 shares of the company’s stock valued at $174,044,000 after acquiring an additional 264,273 shares in the last quarter. Finally, Charles Schwab Trust Co lifted its stake in Schwab U.S. Aggregate Bond ETF by 4.5% in the fourth quarter. Charles Schwab Trust Co now owns 6,215,188 shares of the company’s stock worth $145,249,000 after acquiring an additional 268,364 shares during the period.

Schwab U.S. Aggregate Bond ETF Trading Up 0.3%

Shares of SCHZ stock opened at $23.62 on Friday. Schwab U.S. Aggregate Bond ETF has a fifty-two week low of $22.52 and a fifty-two week high of $23.71. The stock has a 50 day moving average price of $23.41 and a two-hundred day moving average price of $23.42.

Schwab U.S. Aggregate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were given a dividend of $0.085 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, February 2nd. This is an increase from Schwab U.S. Aggregate Bond ETF’s previous monthly dividend of $0.07.

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.