AdvisorNet Financial Inc Has $879,000 Holdings in Schwab Municipal Bond ETF (NYSEARCA:SCMB)

AdvisorNet Financial Inc increased its stake in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMBFree Report) by 6.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,879 shares of the company’s stock after acquiring an additional 1,005 shares during the period. AdvisorNet Financial Inc owned about 0.56% of Schwab Municipal Bond ETF worth $879,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. B. Riley Wealth Advisors Inc. acquired a new stake in Schwab Municipal Bond ETF in the 3rd quarter valued at approximately $227,000. Wedmont Private Capital boosted its holdings in Schwab Municipal Bond ETF by 119.0% during the fourth quarter. Wedmont Private Capital now owns 246,582 shares of the company’s stock worth $12,965,000 after purchasing an additional 133,963 shares during the last quarter. Charles Schwab Trust Co grew its position in Schwab Municipal Bond ETF by 42.0% in the fourth quarter. Charles Schwab Trust Co now owns 124,779 shares of the company’s stock valued at $6,565,000 after purchasing an additional 36,919 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake in Schwab Municipal Bond ETF by 118.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 5,747 shares of the company’s stock valued at $302,000 after buying an additional 3,117 shares during the last quarter. Finally, Galvin Gaustad & Stein LLC bought a new stake in Schwab Municipal Bond ETF during the 4th quarter worth about $354,000.

Schwab Municipal Bond ETF Price Performance

Shares of NYSEARCA SCMB traded up $0.07 during mid-day trading on Monday, hitting $51.67. The company had a trading volume of 73,363 shares, compared to its average volume of 43,106. Schwab Municipal Bond ETF has a one year low of $48.56 and a one year high of $52.70. The firm has a 50-day simple moving average of $51.43 and a two-hundred day simple moving average of $51.91.

Schwab Municipal Bond ETF Profile

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

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