Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS – Get Free Report) saw a significant decrease in short interest in October. As of October 30th, there was short interest totaling 9,605 shares, a decrease of 93.1% from the October 15th total of 138,393 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,332,571 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC purchased a new stake in Schwab Mortgage-Backed Securities ETF during the second quarter worth about $26,000. Russell Investments Group Ltd. purchased a new stake in Schwab Mortgage-Backed Securities ETF during the 3rd quarter worth about $29,000. HighTower Advisors LLC acquired a new stake in Schwab Mortgage-Backed Securities ETF in the 3rd quarter valued at about $250,000. Simplicity Wealth LLC purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 1st quarter valued at about $275,000. Finally, Chapin Davis Inc. purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 3rd quarter valued at about $305,000.
Schwab Mortgage-Backed Securities ETF Price Performance
Shares of Schwab Mortgage-Backed Securities ETF stock traded down $0.21 during mid-day trading on Tuesday, reaching $24.47. 637,253 shares of the stock traded hands, compared to its average volume of 854,733. The business has a 50-day moving average of $24.40 and a 200 day moving average of $25.18. Schwab Mortgage-Backed Securities ETF has a fifty-two week low of $23.80 and a fifty-two week high of $26.12.
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.
Featured Articles
- Five stocks we like better than Schwab Mortgage-Backed Securities ETF
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
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.
