Schwab U.S. Aggregate Bond ETF sees rise in short interest and institutional buying
The latest in this situation
How it started
What happened
Short interest in the Schwab U.S. Aggregate Bond ETF rose by 276.2% during September, increasing from 251,386 shares on September 15th to 945,590 shares by September 30th, according to one report. On Friday, the Schwab U.S. Aggregate Bond ETF traded up $0.02, reaching $22.12. During the third quarter, Armstrong Advisory Group Inc., Friday Financial, Balefire LLC, and Bullock Wealth Management Group all acquired new positions in the ETF.
From tickerreport.com
Why it matters
The ETF saw a significant increase in short interest, which currently stands at approximately 0.2% of the stock. This activity, combined with substantial purchases by institutional investors like Balefire LLC, indicates active positioning by large financial players in the bond market.
From tickerreport.com
How it developed
Newest first. Tap a step to see who reported it.- Sowell Financial Services LLC modified its holdings in the Schwab U.S. Aggregate Bond ETF, which is managed by Charles Schwab.Sub-event
Charles Schwab is the manager of the Schwab U.S. Aggregate Bond ETF.1 source