SigFig Wealth Management LLC bought a new stake in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMB – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 25,585 shares of the company’s stock, valued at approximately $618,000.
Other institutional investors also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton lifted its holdings in shares of Schwab Municipal Bond ETF by 1,328.7% during the third quarter. Rosenberg Matthew Hamilton now owns 157,341 shares of the company’s stock worth $3,801,000 after buying an additional 146,328 shares during the last quarter. Wescott Financial Advisory Group LLC bought a new position in Schwab Municipal Bond ETF during the fourth quarter worth $794,000. Fort Point Capital Partners LLC increased its position in Schwab Municipal Bond ETF by 5.9% during the fourth quarter. Fort Point Capital Partners LLC now owns 762,050 shares of the company’s stock worth $19,775,000 after acquiring an additional 42,573 shares during the period. Renaissance Technologies LLC acquired a new position in Schwab Municipal Bond ETF during the 1st quarter valued at $1,014,000. Finally, Charles Schwab Trust Co raised its stake in Schwab Municipal Bond ETF by 11.1% during the 2nd quarter. Charles Schwab Trust Co now owns 1,055,202 shares of the company’s stock valued at $27,245,000 after purchasing an additional 105,691 shares during the last quarter.
Schwab Municipal Bond ETF Price Performance
Schwab Municipal Bond ETF stock traded down $0.16 during mid-day trading on Wednesday, reaching $23.90. The company had a trading volume of 2,170,338 shares, compared to its average volume of 1,839,030. The company has a 50 day moving average of $24.88 and a 200-day moving average of $25.36. Schwab Municipal Bond ETF has a 52 week low of $23.83 and a 52 week high of $26.20.
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.
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