Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Sees Large Volume Increase – Time to Buy?

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) saw strong trading volume on Friday . 1,290,066 shares traded hands during trading, an increase of 115% from the previous session’s volume of 599,839 shares.The stock last traded at $25.48 and had previously closed at $25.53.

Schwab Mortgage-Backed Securities ETF Stock Performance

The business’s 50 day moving average price is $25.65 and its 200 day moving average price is $25.73.

Institutional Trading of Schwab Mortgage-Backed Securities ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Aptus Capital Advisors LLC increased its stake in shares of Schwab Mortgage-Backed Securities ETF by 165.3% during the third quarter. Aptus Capital Advisors LLC now owns 1,040 shares of the company’s stock worth $27,000 after purchasing an additional 648 shares in the last quarter. Summit Financial LLC increased its stake in shares of Schwab Mortgage-Backed Securities ETF by 0.6% during the fourth quarter. Summit Financial LLC now owns 106,922 shares of the company’s stock worth $2,745,000 after purchasing an additional 655 shares in the last quarter. Howe & Rusling Inc. purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF during the third quarter worth about $26,000. Chapman Financial Group LLC increased its stake in shares of Schwab Mortgage-Backed Securities ETF by 4.8% during the fourth quarter. Chapman Financial Group LLC now owns 25,281 shares of the company’s stock worth $649,000 after purchasing an additional 1,148 shares in the last quarter. Finally, Triumph Capital Management purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF during the third quarter worth about $31,000.

Schwab Mortgage-Backed Securities ETF Company Profile

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.