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

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 315,332 shares, a growth of 6,688.6% from the June 15th total of 4,645 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 578,131 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Schwab Mortgage-Backed Securities ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of SMBS. Bank of America Corp DE lifted its position in shares of Schwab Mortgage-Backed Securities ETF by 1,293,500.0% during the 1st quarter. Bank of America Corp DE now owns 25,872 shares of the company’s stock valued at $661,000 after buying an additional 25,870 shares in the last quarter. Cetera Investment Advisers increased its holdings in Schwab Mortgage-Backed Securities ETF by 7.2% in the 1st quarter. Cetera Investment Advisers now owns 13,600 shares of the company’s stock worth $347,000 after acquiring an additional 913 shares in the last quarter. Schwallier Wealth Management LLC purchased a new stake in Schwab Mortgage-Backed Securities ETF in the 1st quarter worth approximately $4,502,000. Simplicity Wealth LLC bought a new stake in Schwab Mortgage-Backed Securities ETF during the 1st quarter worth approximately $275,000. Finally, Lodestar Private Asset Management LLC bought a new stake in Schwab Mortgage-Backed Securities ETF during the 1st quarter worth approximately $204,000.

Schwab Mortgage-Backed Securities ETF Price Performance

Schwab Mortgage-Backed Securities ETF stock traded down $0.03 during trading on Friday, reaching $25.20. The company had a trading volume of 440,012 shares, compared to its average volume of 704,070. The firm’s 50-day simple moving average is $25.34 and its 200 day simple moving average is $25.58. Schwab Mortgage-Backed Securities ETF has a 52 week low of $25.00 and a 52 week high of $26.12.

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.