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

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 10,884 shares, a growth of 127.5% from the August 15th total of 4,785 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 629,025 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Schwab Mortgage-Backed Securities ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SMBS. Cetera Investment Advisers increased its holdings in Schwab Mortgage-Backed Securities ETF by 7.2% during the first quarter. Cetera Investment Advisers now owns 13,600 shares of the company’s stock valued at $347,000 after buying an additional 913 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of Schwab Mortgage-Backed Securities ETF in the 2nd quarter worth $26,000. Allworth Financial LP boosted its position in Schwab Mortgage-Backed Securities ETF by 4,100.0% during the fourth quarter. Allworth Financial LP now owns 2,268 shares of the company’s stock valued at $58,000 after purchasing an additional 2,214 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in Schwab Mortgage-Backed Securities ETF by 727.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,796 shares of the company’s stock valued at $72,000 after purchasing an additional 2,458 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in Schwab Mortgage-Backed Securities ETF by 80.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,220 shares of the company’s stock valued at $185,000 after purchasing an additional 3,209 shares during the last quarter.

Schwab Mortgage-Backed Securities ETF Stock Up 0.1%

Schwab Mortgage-Backed Securities ETF stock opened at $24.50 on Wednesday. The company has a 50 day moving average price of $24.99 and a 200-day moving average price of $25.31. Schwab Mortgage-Backed Securities ETF has a fifty-two week low of $24.41 and a fifty-two week 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.