Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Short Interest Update

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 15,342 shares, a growth of 28.3% from the February 26th total of 11,954 shares. Based on an average daily trading volume, of 601,689 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Schwab Mortgage-Backed Securities ETF Price Performance

NYSEARCA SMBS opened at $25.55 on Wednesday. Schwab Mortgage-Backed Securities ETF has a 52-week low of $24.65 and a 52-week high of $26.22. The business’s 50-day moving average price is $25.75 and its 200 day moving average price is $25.75.

Institutional Trading of Schwab Mortgage-Backed Securities ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Howe & Rusling Inc. purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 3rd quarter valued at approximately $26,000. Aptus Capital Advisors LLC raised 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 during the last quarter. Triumph Capital Management acquired a new stake in shares of Schwab Mortgage-Backed Securities ETF during the third quarter worth $31,000. Bank of America Corp DE lifted its holdings in shares of Schwab Mortgage-Backed Securities ETF by 372.6% during the third quarter. Bank of America Corp DE now owns 1,706 shares of the company’s stock worth $44,000 after purchasing an additional 1,345 shares during the period. Finally, Wells Fargo & Company MN grew its position in Schwab Mortgage-Backed Securities ETF by 451.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,736 shares of the company’s stock valued at $45,000 after buying an additional 1,421 shares during 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.