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Market Impact: 0.2

SMBS: ETF Outflow Alert

Source: Nasdaq

Market Technicals & FlowsCredit & Bond Markets

Schwab Mortgage-Backed Securities ETF (SMBS) recorded approximately $176.2 million of weekly outflows, reducing shares outstanding by 2.8%. The redemption activity signals modestly negative investor flows for the mortgage-backed securities ETF, though the article provides no broader market catalyst or performance data.

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mildly negative

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