SYM FINANCIAL Corp bought a new stake in shares of Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm bought 1,384 shares of the company’s stock, valued at approximately $35,000.
Several other institutional investors have also added to or reduced their stakes in SMBS. Copperwynd Financial LLC purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 2nd quarter worth $255,000. Townsquare Capital LLC purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 1st quarter worth $326,000. CacheTech Inc. purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 1st quarter worth $12,606,000. Hoey Investments Inc. purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 2nd quarter worth $40,000. Finally, Adams Wealth Management purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 1st quarter worth $12,606,000.
Schwab Mortgage-Backed Securities ETF Stock Performance
SMBS stock opened at $25.97 on Wednesday. Schwab Mortgage-Backed Securities ETF has a 1 year low of $24.57 and a 1 year high of $26.22. The stock’s fifty day moving average price is $25.68 and its 200-day moving average price is $25.35.
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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Want to see what other hedge funds are holding SMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS – Free Report).
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