Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 10,884 shares, an increase of 127.5% from the August 15th total of 4,785 shares. Based on an average daily trading volume, of 629,025 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.
Institutional Trading of Schwab Mortgage-Backed Securities ETF
Institutional investors and hedge funds have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its position in shares of Schwab Mortgage-Backed Securities ETF by 5.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 222,649,093 shares of the company’s stock worth $5,716,516,000 after purchasing an additional 11,574,326 shares during the period. Schwallier Wealth Management LLC acquired a new stake in Schwab Mortgage-Backed Securities ETF in the 1st quarter worth approximately $4,502,000. JPMorgan Chase & Co. purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF during the second quarter valued at $3,613,000. Citadel Advisors LLC increased its holdings in shares of Schwab Mortgage-Backed Securities ETF by 129.9% in the second quarter. Citadel Advisors LLC now owns 161,415 shares of the company’s stock valued at $4,103,000 after purchasing an additional 91,198 shares during the period. Finally, Jane Street Group LLC increased its holdings in Schwab Mortgage-Backed Securities ETF by 349.1% in the 2nd quarter. Jane Street Group LLC now owns 73,568 shares of the company’s stock worth $1,874,000 after buying an additional 57,186 shares during the period.
Schwab Mortgage-Backed Securities ETF Price Performance
NYSEARCA:SMBS opened at $24.51 on Monday. Schwab Mortgage-Backed Securities ETF has a 1 year low of $24.50 and a 1 year high of $26.12. The business has a 50 day simple moving average of $25.02 and a 200-day simple moving average of $25.33.
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.
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