Wedmont Private Capital Acquires 639 Shares of Schwab Municipal Bond ETF (NYSEARCA:SCMB)

Wedmont Private Capital grew its stake in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMBFree Report) by 0.3% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 247,221 shares of the company’s stock after purchasing an additional 639 shares during the quarter. Schwab Municipal Bond ETF accounts for 0.9% of Wedmont Private Capital’s holdings, making the stock its 19th largest position. Wedmont Private Capital owned 0.08% of Schwab Municipal Bond ETF worth $12,759,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SCMB. B. Riley Wealth Advisors Inc. bought a new position in Schwab Municipal Bond ETF during the third quarter valued at $227,000. Charles Schwab Trust Co lifted its position in shares of Schwab Municipal Bond ETF by 42.0% during the fourth quarter. Charles Schwab Trust Co now owns 124,779 shares of the company’s stock worth $6,565,000 after purchasing an additional 36,919 shares during the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of Schwab Municipal Bond ETF by 118.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 5,747 shares of the company’s stock worth $302,000 after purchasing an additional 3,117 shares during the last quarter. Galvin Gaustad & Stein LLC bought a new position in shares of Schwab Municipal Bond ETF in the 4th quarter worth $354,000. Finally, Carl Stuart Investment Advisor Inc. purchased a new stake in shares of Schwab Municipal Bond ETF during the 4th quarter worth $2,085,000.

Schwab Municipal Bond ETF Stock Performance

Schwab Municipal Bond ETF stock traded down $0.13 during trading hours on Friday, reaching $51.62. The stock had a trading volume of 10,436 shares, compared to its average volume of 42,334. The business’s 50 day moving average price is $51.43 and its 200-day moving average price is $51.91. Schwab Municipal Bond ETF has a 52 week low of $48.56 and a 52 week high of $52.70.

About Schwab Municipal Bond ETF

(Free Report)

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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Want to see what other hedge funds are holding SCMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Municipal Bond ETF (NYSEARCA:SCMBFree Report).

Institutional Ownership by Quarter for Schwab Municipal Bond ETF (NYSEARCA:SCMB)

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