Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 432,706 shares, an increase of 180.2% from the September 15th total of 154,426 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,236,791 shares, the short-interest ratio is presently 0.3 days.
Schwab Mortgage-Backed Securities ETF Price Performance
SMBS traded down $0.02 during trading on Monday, reaching $24.07. The company’s stock had a trading volume of 190,813 shares, compared to its average volume of 792,673. Schwab Mortgage-Backed Securities ETF has a 52-week low of $23.80 and a 52-week high of $26.12. The company’s fifty day moving average price is $24.65 and its 200-day moving average price is $25.12.
Institutional Trading of Schwab Mortgage-Backed Securities ETF
Hedge funds have recently modified their holdings of the business. Cetera Investment Advisers boosted its stake in shares of Schwab Mortgage-Backed Securities ETF by 7.2% in the first quarter. Cetera Investment Advisers now owns 13,600 shares of the company’s stock valued at $347,000 after buying an additional 913 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in Schwab Mortgage-Backed Securities ETF in the second quarter worth $26,000. Rockefeller Capital Management L.P. raised its position in Schwab Mortgage-Backed Securities ETF by 727.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,796 shares of the company’s stock worth $72,000 after acquiring an additional 2,458 shares in the last quarter. Lodestar Private Asset Management LLC acquired a new stake in Schwab Mortgage-Backed Securities ETF in the first quarter valued at $204,000. Finally, Simplicity Wealth LLC acquired a new stake in Schwab Mortgage-Backed Securities ETF in the first quarter valued at $275,000.
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.
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