Copperwynd Financial LLC bought a new position in Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,997 shares of the company’s stock, valued at approximately $255,000.
Other institutional investors have also recently modified their holdings of the company. Townsquare Capital LLC purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF in the first quarter worth $326,000. CacheTech Inc. purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF in the first quarter worth $12,606,000. Hoey Investments Inc. purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF during the second quarter valued at $40,000. Finally, Adams Wealth Management purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF during the first quarter valued at $12,606,000.
Schwab Mortgage-Backed Securities ETF Stock Up 0.1%
Schwab Mortgage-Backed Securities ETF stock opened at $25.66 on Thursday. Schwab Mortgage-Backed Securities ETF has a one year low of $24.57 and a one year high of $26.22. The business’s fifty day moving average is $25.53 and its 200 day moving average is $25.29.
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.
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Want to see what other hedge funds are holding SMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS – Free Report).
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