Schwab Municipal Bond ETF (NYSEARCA:SCMB) Shares Acquired by CAP Partners LLC

CAP Partners LLC lifted its holdings in Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 131.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,488 shares of the company’s stock after buying an additional 6,524 shares during the period. CAP Partners LLC owned approximately 0.19% of Schwab Municipal Bond ETF worth $295,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Larson Financial Group LLC purchased a new position in Schwab Municipal Bond ETF in the third quarter worth approximately $26,000. Continuum Advisory LLC lifted its holdings in shares of Schwab Municipal Bond ETF by 166.7% in the 3rd quarter. Continuum Advisory LLC now owns 800 shares of the company’s stock valued at $42,000 after buying an additional 500 shares during the period. Avior Wealth Management LLC lifted its stake in shares of Schwab Municipal Bond ETF by 100.0% in the fourth quarter. Avior Wealth Management LLC now owns 5,686 shares of the company’s stock valued at $146,000 after purchasing an additional 2,843 shares during the period. Element Wealth LLC lifted its stake in shares of Schwab Municipal Bond ETF by 64.1% in the third quarter. Element Wealth LLC now owns 3,675 shares of the company’s stock worth $193,000 after acquiring an additional 1,435 shares in the last quarter. Finally, Blackston Financial Advisory Group LLC bought a new stake in shares of Schwab Municipal Bond ETF during the 3rd quarter valued at about $201,000.

Schwab Municipal Bond ETF Stock Performance

NYSEARCA SCMB opened at $25.79 on Tuesday. Schwab Municipal Bond ETF has a 52 week low of $25.37 and a 52 week high of $26.37. The company has a 50-day moving average price of $25.74 and a two-hundred day moving average price of $25.91.

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.