Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Sets New 52-Week Low – Should You Sell?

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $24.74 and last traded at $24.7440, with a volume of 123440 shares. The stock had previously closed at $24.79.

Schwab Mortgage-Backed Securities ETF Stock Down 0.8%

The business has a 50 day moving average price of $25.04 and a two-hundred day moving average price of $25.34.

Institutional Trading of Schwab Mortgage-Backed Securities ETF

Institutional investors have recently modified their holdings of the company. Aptus Capital Advisors LLC lifted its stake in Schwab Mortgage-Backed Securities ETF by 165.3% in the third quarter. Aptus Capital Advisors LLC now owns 1,040 shares of the company’s stock worth $27,000 after acquiring an additional 648 shares during the period. Summit Financial LLC raised its position in shares of Schwab Mortgage-Backed Securities ETF by 0.6% in the 4th quarter. Summit Financial LLC now owns 106,922 shares of the company’s stock worth $2,745,000 after acquiring an additional 655 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Schwab Mortgage-Backed Securities ETF by 7.2% in the 1st quarter. Cetera Investment Advisers now owns 13,600 shares of the company’s stock worth $347,000 after acquiring an additional 913 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 2nd quarter valued at approximately $26,000. Finally, Triumph Capital Management bought a new stake in shares of Schwab Mortgage-Backed Securities ETF during the third quarter valued at approximately $31,000.

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.