Schwab Municipal Bond ETF $SCMB Stock Holdings Lifted by Waverly Advisors LLC

Waverly Advisors LLC lifted its position in Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 606.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 144,146 shares of the company’s stock after acquiring an additional 123,744 shares during the quarter. Waverly Advisors LLC’s holdings in Schwab Municipal Bond ETF were worth $3,673,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its stake in Schwab Municipal Bond ETF by 9.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 65,617,520 shares of the company’s stock valued at $1,690,307,000 after purchasing an additional 5,793,290 shares during the period. Fort Point Capital Partners LLC boosted its position in shares of Schwab Municipal Bond ETF by 5.9% in the fourth quarter. Fort Point Capital Partners LLC now owns 762,050 shares of the company’s stock worth $19,775,000 after buying an additional 42,573 shares during the period. Bank of America Corp DE boosted its position in shares of Schwab Municipal Bond ETF by 32.8% in the third quarter. Bank of America Corp DE now owns 602,985 shares of the company’s stock worth $15,442,000 after buying an additional 148,996 shares during the period. United Capital Financial Advisors LLC grew its holdings in shares of Schwab Municipal Bond ETF by 23.3% during the third quarter. United Capital Financial Advisors LLC now owns 569,983 shares of the company’s stock valued at $14,597,000 after buying an additional 107,707 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Schwab Municipal Bond ETF by 143.5% during the second quarter. Jane Street Group LLC now owns 522,022 shares of the company’s stock valued at $13,145,000 after buying an additional 307,645 shares in the last quarter.

Schwab Municipal Bond ETF Price Performance

NYSEARCA:SCMB opened at $25.39 on Thursday. The business’s fifty day moving average price is $25.63 and its 200 day moving average price is $25.72. Schwab Municipal Bond ETF has a 1-year low of $24.93 and a 1-year high of $26.20.

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.