Schwab Municipal Bond ETF (NYSEARCA:SCMB) Holdings Boosted by WealthShield Partners LLC

WealthShield Partners LLC raised its stake in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 100.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,724 shares of the company’s stock after buying an additional 2,862 shares during the period. WealthShield Partners LLC owned about 0.09% of Schwab Municipal Bond ETF worth $147,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Charles Schwab Trust Co boosted its stake in shares of Schwab Municipal Bond ETF by 196.8% during the 4th quarter. Charles Schwab Trust Co now owns 815,340 shares of the company’s stock valued at $20,938,000 after buying an additional 540,599 shares during the period. Pallas Capital Advisors LLC lifted its stake in shares of Schwab Municipal Bond ETF by 12.2% in the 4th quarter. Pallas Capital Advisors LLC now owns 539,702 shares of the company’s stock valued at $13,860,000 after purchasing an additional 58,543 shares during the last quarter. Wedmont Private Capital lifted its stake in shares of Schwab Municipal Bond ETF by 100.9% in the 4th quarter. Wedmont Private Capital now owns 496,568 shares of the company’s stock valued at $12,667,000 after purchasing an additional 249,379 shares during the last quarter. CGN Advisors LLC lifted its stake in shares of Schwab Municipal Bond ETF by 174.4% in the 4th quarter. CGN Advisors LLC now owns 306,135 shares of the company’s stock valued at $7,862,000 after purchasing an additional 194,584 shares during the last quarter. Finally, Myecfo LLC lifted its stake in shares of Schwab Municipal Bond ETF by 101.2% in the 4th quarter. Myecfo LLC now owns 125,288 shares of the company’s stock valued at $3,230,000 after purchasing an additional 63,009 shares during the last quarter.

Schwab Municipal Bond ETF Stock Up 0.3 %

SCMB stock opened at $25.89 on Wednesday. Schwab Municipal Bond ETF has a 1 year low of $25.37 and a 1 year high of $26.37. The company has a fifty day simple moving average of $25.67 and a 200 day simple moving average of $25.89.

Schwab Municipal Bond ETF Profile

The Schwab Municipal Bond ETF (SCMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment grade tax-exempt debt, issued by US states and territories with varying maturities. SCMB was launched on Oct 12, 2022 and is managed by Charles Schwab.