Schwab Municipal Bond ETF (NYSEARCA:SCMB) Shares Bought by RWA Wealth Partners LLC

RWA Wealth Partners LLC raised its holdings in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 225.7% in the 4th quarter, HoldingsChannel reports. The fund owned 65,097 shares of the company’s stock after buying an additional 45,108 shares during the quarter. RWA Wealth Partners LLC’s holdings in Schwab Municipal Bond ETF were worth $3,425,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. IFP Advisors Inc acquired a new position in Schwab Municipal Bond ETF in the third quarter valued at approximately $25,000. CVA Family Office LLC purchased a new position in shares of Schwab Municipal Bond ETF in the 4th quarter valued at $64,000. Miracle Mile Advisors LLC acquired a new stake in Schwab Municipal Bond ETF during the 4th quarter worth $201,000. B. Riley Wealth Advisors Inc. purchased a new stake in Schwab Municipal Bond ETF in the third quarter valued at $227,000. Finally, Creative Financial Designs Inc. ADV lifted its position in 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 valued at $302,000 after acquiring an additional 3,117 shares during the last quarter.

Schwab Municipal Bond ETF Stock Down 0.0 %

Shares of SCMB stock opened at $51.40 on Tuesday. The stock’s 50-day moving average is $51.94 and its two-hundred day moving average is $51.46. Schwab Municipal Bond ETF has a 1 year low of $48.56 and a 1 year high of $52.70.

Schwab Municipal Bond ETF Company 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.