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

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 180,953 shares, a decline of 42.6% from the June 30th total of 315,332 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 463,249 shares, the days-to-cover ratio is presently 0.4 days.

Schwab Mortgage-Backed Securities ETF Trading Down 0.3%

Shares of Schwab Mortgage-Backed Securities ETF stock traded down $0.08 during trading on Wednesday, reaching $25.08. 305,910 shares of the stock traded hands, compared to its average volume of 685,167. Schwab Mortgage-Backed Securities ETF has a 52-week low of $24.96 and a 52-week high of $26.12. The business has a fifty day simple moving average of $25.28 and a two-hundred day simple moving average of $25.53.

Institutional Trading of Schwab Mortgage-Backed Securities ETF

Large investors have recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC boosted its position in shares of Schwab Mortgage-Backed Securities ETF by 165.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,040 shares of the company’s stock valued at $27,000 after acquiring an additional 648 shares during the last quarter. Triumph Capital Management bought a new stake in Schwab Mortgage-Backed Securities ETF in the third quarter worth $31,000. Bank of America Corp DE raised its stake in 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 valued at $44,000 after purchasing an additional 1,345 shares in the last quarter. Wells Fargo & Company MN lifted its position in Schwab Mortgage-Backed Securities ETF by 451.1% during the fourth quarter. Wells Fargo & Company MN now owns 1,736 shares of the company’s stock valued at $45,000 after purchasing an additional 1,421 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 2nd quarter worth $49,000.

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.