Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS – Get Free Report) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 11,954 shares, an increase of 10,867.0% from the February 12th total of 109 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 598,318 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 598,318 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
Schwab Mortgage-Backed Securities ETF Trading Down 0.2%
Shares of SMBS stock opened at $25.78 on Wednesday. The stock has a 50 day moving average of $25.82 and a two-hundred day moving average of $25.75. Schwab Mortgage-Backed Securities ETF has a 12 month low of $24.65 and a 12 month high of $26.22.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. CacheTech Inc. boosted its stake in Schwab Mortgage-Backed Securities ETF by 2.8% during the fourth quarter. CacheTech Inc. now owns 390,201 shares of the company’s stock worth $10,018,000 after buying an additional 10,576 shares in the last quarter. Adams Wealth Management raised its stake in shares of Schwab Mortgage-Backed Securities ETF by 0.6% in the 4th quarter. Adams Wealth Management now owns 354,800 shares of the company’s stock valued at $9,109,000 after buying an additional 2,226 shares in the last quarter. Cetera Investment Advisers acquired a new position in shares of Schwab Mortgage-Backed Securities ETF in the 4th quarter valued at $326,000. Osaic Holdings Inc. lifted its holdings in shares of Schwab Mortgage-Backed Securities ETF by 50.3% during the 4th quarter. Osaic Holdings Inc. now owns 7,281 shares of the company’s stock worth $187,000 after acquiring an additional 2,437 shares during the period. Finally, Howe & Rusling Inc. lifted its holdings in shares of Schwab Mortgage-Backed Securities ETF by 203.7% during the 4th quarter. Howe & Rusling Inc. now owns 3,080 shares of the company’s stock worth $79,000 after acquiring an additional 2,066 shares during the period.
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.
Recommended Stories
- Five stocks we like better than Schwab Mortgage-Backed Securities ETF
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
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.
