Resonant Capital Advisors LLC Increases Position in Schwab Municipal Bond ETF $SCMB

Resonant Capital Advisors LLC raised its position in Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 13.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,046 shares of the company’s stock after purchasing an additional 4,839 shares during the period. Resonant Capital Advisors LLC’s holdings in Schwab Municipal Bond ETF were worth $1,034,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. AE Wealth Management LLC boosted its holdings in shares of Schwab Municipal Bond ETF by 394.9% in the 1st quarter. AE Wealth Management LLC now owns 970 shares of the company’s stock valued at $25,000 after buying an additional 774 shares in the last quarter. Allworth Financial LP acquired a new stake in Schwab Municipal Bond ETF during the 1st quarter worth $29,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Schwab Municipal Bond ETF during the 1st quarter worth $32,000. Harbour Investments Inc. boosted its stake in Schwab Municipal Bond ETF by 811.1% during the 1st quarter. Harbour Investments Inc. now owns 4,592 shares of the company’s stock worth $116,000 after purchasing an additional 4,088 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new stake in Schwab Municipal Bond ETF during the 2nd quarter worth $139,000.

Schwab Municipal Bond ETF Trading Up 0.1%

Shares of NYSEARCA:SCMB opened at $25.92 on Monday. The firm has a fifty day moving average price of $25.52 and a 200 day moving average price of $25.20. Schwab Municipal Bond ETF has a 1-year low of $24.21 and a 1-year high of $26.30.

About Schwab Municipal Bond ETF

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.