Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Sees Large Decrease in Short Interest

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the target of a large decrease in short interest in October. As of October 30th, there was short interest totaling 9,605 shares, a decrease of 93.1% from the October 15th total of 138,393 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,332,571 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Schwab Mortgage-Backed Securities ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Schwallier Wealth Management LLC lifted its position in Schwab Mortgage-Backed Securities ETF by 7.5% during the third quarter. Schwallier Wealth Management LLC now owns 213,175 shares of the company’s stock worth $5,116,000 after buying an additional 14,788 shares during the period. Citadel Advisors LLC boosted its holdings in 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 acquiring an additional 91,198 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in Schwab Mortgage-Backed Securities ETF during the third quarter valued at about $1,272,000. One Way Holdings LLC acquired a new stake in Schwab Mortgage-Backed Securities ETF during the third quarter worth about $1,214,000. Finally, Bank of America Corp DE lifted its position in Schwab Mortgage-Backed Securities ETF by 1,293,500.0% during the first 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.

Schwab Mortgage-Backed Securities ETF Stock Down 0.9%

Shares of Schwab Mortgage-Backed Securities ETF stock traded down $0.21 during trading on Tuesday, reaching $24.47. The company’s stock had a trading volume of 637,253 shares, compared to its average volume of 854,733. The business has a 50 day moving average price of $24.40 and a 200-day moving average price of $25.18. Schwab Mortgage-Backed Securities ETF has a 12-month low of $23.80 and a 12-month high of $26.12.

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.