O ROURKE & COMPANY Inc Has $2.32 Million Position in Schwab Municipal Bond ETF (NYSEARCA:SCMB)

O ROURKE & COMPANY Inc boosted its holdings in Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 3.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 44,568 shares of the company’s stock after purchasing an additional 1,619 shares during the quarter. Schwab Municipal Bond ETF comprises approximately 1.3% of O ROURKE & COMPANY Inc’s investment portfolio, making the stock its 19th largest holding. O ROURKE & COMPANY Inc owned about 0.75% of Schwab Municipal Bond ETF worth $2,320,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. VitalStone Financial LLC grew its position in Schwab Municipal Bond ETF by 74.0% in the 4th quarter. VitalStone Financial LLC now owns 1,176 shares of the company’s stock valued at $62,000 after purchasing an additional 500 shares during the period. Wedmont Private Capital grew its position in Schwab Municipal Bond ETF by 0.3% in the 1st quarter. Wedmont Private Capital now owns 247,221 shares of the company’s stock valued at $12,759,000 after purchasing an additional 639 shares during the period. AdvisorNet Financial Inc grew its position in Schwab Municipal Bond ETF by 6.3% in the 1st quarter. AdvisorNet Financial Inc now owns 16,879 shares of the company’s stock valued at $879,000 after purchasing an additional 1,005 shares during the period. CVA Family Office LLC acquired a new stake in Schwab Municipal Bond ETF in the 4th quarter valued at $64,000. Finally, Balboa Wealth Partners grew its position in Schwab Municipal Bond ETF by 17.9% in the 4th quarter. Balboa Wealth Partners now owns 10,610 shares of the company’s stock valued at $558,000 after purchasing an additional 1,610 shares during the period.

Schwab Municipal Bond ETF Price Performance

NYSEARCA:SCMB traded down $0.07 during trading hours on Monday, hitting $51.20. 87,818 shares of the company traded hands, compared to its average volume of 44,709. The firm’s 50-day simple moving average is $51.45 and its 200-day simple moving average is $51.89. Schwab Municipal Bond ETF has a one year low of $48.56 and a one year high of $52.70.

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.