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

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 180,953 shares, a drop of 42.6% from the June 30th total of 315,332 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 463,249 shares, the short-interest ratio is currently 0.4 days.

Schwab Mortgage-Backed Securities ETF Trading Down 0.3%

SMBS stock traded down $0.08 during midday trading on Wednesday, reaching $25.08. 305,910 shares of the company 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 50 day moving average of $25.28 and a 200-day moving average of $25.53.

Institutional Trading of Schwab Mortgage-Backed Securities ETF

A number of institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. increased its position in Schwab Mortgage-Backed Securities ETF by 5.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 222,649,093 shares of the company’s stock valued at $5,716,516,000 after acquiring an additional 11,574,326 shares during the last quarter. CacheTech Inc. grew its holdings in Schwab Mortgage-Backed Securities ETF by 2.8% during the 4th quarter. CacheTech Inc. now owns 390,201 shares of the company’s stock valued at $10,018,000 after purchasing an additional 10,576 shares during the last quarter. Adams Wealth Management raised its position in 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 worth $9,109,000 after purchasing an additional 2,226 shares during the period. Schwallier Wealth Management LLC purchased a new position in shares of Schwab Mortgage-Backed Securities ETF during the first quarter valued at approximately $4,502,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Schwab Mortgage-Backed Securities ETF during the second quarter valued at approximately $3,613,000.

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.