Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS – Get Free Report) saw strong trading volume on Tuesday. 663,262 shares were traded during trading, a decline of 20% from the previous session’s volume of 824,385 shares. The stock last traded at $24.2550 and had previously closed at $24.19.
Schwab Mortgage-Backed Securities ETF Trading Down 0.1%
The company has a fifty day moving average of $24.53 and a two-hundred day moving average of $25.05.
Institutional Trading of Schwab Mortgage-Backed Securities ETF
A number of institutional investors have recently modified their holdings of the business. Citadel Advisors LLC increased its holdings in shares of Schwab Mortgage-Backed Securities ETF by 129.9% in the 2nd 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 in the last quarter. Bank of America Corp DE increased its holdings in Schwab Mortgage-Backed Securities ETF by 1,293,500.0% in 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. Schwallier Wealth Management LLC purchased a new position in Schwab Mortgage-Backed Securities ETF in the first quarter valued at about $4,502,000. Cliftonlarsonallen Wealth Advisors LLC purchased a new position in Schwab Mortgage-Backed Securities ETF in the third quarter valued at about $1,272,000. Finally, Chapin Davis Inc. acquired a new stake in shares of Schwab Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $305,000.
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.
See Also
- Five stocks we like better than Schwab Mortgage-Backed Securities ETF
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Receive News & Ratings for Schwab Mortgage-Backed Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Mortgage-Backed Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
