28,101 Shares in Schwab Municipal Bond ETF (NYSEARCA:SCMB) Acquired by BCO Wealth Management LLC

BCO Wealth Management LLC bought a new stake in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMB) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 28,101 shares of the company’s stock, valued at approximately $722,000. Schwab Municipal Bond ETF comprises 0.6% of BCO Wealth Management LLC’s investment portfolio, making the stock its 15th largest position. BCO Wealth Management LLC owned approximately 0.46% of Schwab Municipal Bond ETF at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Larson Financial Group LLC bought a new position in shares of Schwab Municipal Bond ETF in the third quarter valued at $26,000. Continuum Advisory LLC lifted its holdings in shares of Schwab Municipal Bond ETF by 166.7% during the third quarter. Continuum Advisory LLC now owns 800 shares of the company’s stock valued at $42,000 after purchasing an additional 500 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Schwab Municipal Bond ETF by 100.0% during the fourth quarter. IFP Advisors Inc now owns 3,290 shares of the company’s stock valued at $84,000 after purchasing an additional 1,645 shares during the last quarter. Truist Financial Corp acquired a new position in shares of Schwab Municipal Bond ETF in the 4th quarter valued at $135,000. Finally, Avior Wealth Management LLC increased its stake in Schwab Municipal Bond ETF by 100.0% in the 4th quarter. Avior Wealth Management LLC now owns 5,686 shares of the company’s stock worth $146,000 after purchasing an additional 2,843 shares in the last quarter.

Schwab Municipal Bond ETF Stock Performance

NYSEARCA SCMB opened at $25.30 on Thursday. Schwab Municipal Bond ETF has a 1 year low of $25.30 and a 1 year high of $26.37. The stock’s 50-day moving average price is $25.66 and its two-hundred day moving average price is $25.83.

Schwab Municipal Bond ETF Company 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.