Shares of Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS – Get Free Report) saw an uptick in trading volume on Tuesday. 663,262 shares changed hands 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 Stock Up 0.2%
The company has a fifty day moving average price of $24.56 and a 200 day moving average price of $25.06.
Hedge Funds Weigh In On Schwab Mortgage-Backed Securities ETF
Large investors have recently bought and sold shares of the stock. Schwallier Wealth Management LLC bought a new stake in Schwab Mortgage-Backed Securities ETF in the first quarter valued at approximately $4,502,000. Citadel Advisors LLC boosted its stake in shares of Schwab Mortgage-Backed Securities ETF by 129.9% during 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. Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF during the third quarter valued at approximately $1,272,000. Bank of America Corp DE grew its holdings in shares of 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 worth $661,000 after purchasing an additional 25,870 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC bought a new position in shares of Schwab Mortgage-Backed Securities ETF in the third quarter worth approximately $416,000.
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.
See Also
- Five stocks we like better than Schwab Mortgage-Backed Securities ETF
- Chip Stocks Are Sliding—Why Is Smart Money Buying?
- Adults Are Fueling a Toy Boom—These 4 Stocks Could Cash In
- Could Quantinuum’s Breakthrough Make Its Sell-Off a Bargain?
- Wired for Upside: Why Goldman Sachs Upgraded CoreWeave’s Battered Stock
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.
