Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS – Get Free Report) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 138,393 shares, a decline of 68.0% from the September 30th total of 432,706 shares. Based on an average daily trading volume, of 1,694,256 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.
Schwab Mortgage-Backed Securities ETF Trading Up 0.2%
Shares of SMBS stock traded up $0.05 during mid-day trading on Thursday, hitting $24.53. 1,472,827 shares of the stock were exchanged, compared to its average volume of 841,373. The firm has a fifty day moving average of $24.47 and a 200 day moving average of $25.22. Schwab Mortgage-Backed Securities ETF has a 52-week low of $23.80 and a 52-week high of $26.12.
Institutional Trading of Schwab Mortgage-Backed Securities ETF
Institutional investors have recently modified their holdings of the stock. Schwallier Wealth Management LLC purchased a new position in Schwab Mortgage-Backed Securities ETF in the 1st quarter valued at about $4,502,000. Citadel Advisors LLC boosted its stake in shares of Schwab Mortgage-Backed Securities ETF by 129.9% in the second quarter. Citadel Advisors LLC now owns 161,415 shares of the company’s stock worth $4,103,000 after acquiring an additional 91,198 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in shares of Schwab Mortgage-Backed Securities ETF in the third quarter worth approximately $1,272,000. One Way Holdings LLC purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF during the third quarter worth approximately $1,214,000. Finally, Bank of America Corp DE increased its position in shares of Schwab Mortgage-Backed Securities ETF by 1,293,500.0% during the first quarter. Bank of America Corp DE now owns 25,872 shares of the company’s stock worth $661,000 after purchasing an additional 25,870 shares in the last quarter.
About Schwab Mortgage-Backed Securities ETF
The Schwab Mortgage-Backed Securities ETF (SMBS) is an exchange-traded fund that is based on the Bloomberg US MBS – Float Adjusted index. The fund tracks a market value-weighted index of investment grade US mortgage-backed securities. SMBS was launched on Nov 19, 2024 and is issued by Charles Schwab.
Further Reading
- Five stocks we like better than Schwab Mortgage-Backed Securities ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for Schwab Mortgage-Backed Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Mortgage-Backed Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
