Resonant Capital Advisors LLC Cuts Stock Position in Schwab Municipal Bond ETF $SCMB

Resonant Capital Advisors LLC lessened its holdings in Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 79.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,349 shares of the company’s stock after selling 32,697 shares during the period. Resonant Capital Advisors LLC’s holdings in Schwab Municipal Bond ETF were worth $214,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Manning & Napier Advisors LLC purchased a new stake in Schwab Municipal Bond ETF during the third quarter valued at approximately $2,078,000. Family Capital Management Inc. raised its holdings in Schwab Municipal Bond ETF by 10.9% during the 3rd quarter. Family Capital Management Inc. now owns 27,200 shares of the company’s stock valued at $697,000 after buying an additional 2,673 shares during the period. Compass Financial Group INC SD lifted its position in Schwab Municipal Bond ETF by 43.2% in the third quarter. Compass Financial Group INC SD now owns 32,993 shares of the company’s stock worth $845,000 after buying an additional 9,957 shares during the last quarter. Investment Planning Advisors Inc. boosted its stake in Schwab Municipal Bond ETF by 10.9% during the third quarter. Investment Planning Advisors Inc. now owns 68,816 shares of the company’s stock worth $1,762,000 after buying an additional 6,777 shares during the period. Finally, Perigon Wealth Management LLC increased its position in Schwab Municipal Bond ETF by 2.0% during the third quarter. Perigon Wealth Management LLC now owns 183,474 shares of the company’s stock valued at $4,699,000 after acquiring an additional 3,576 shares during the last quarter.

Schwab Municipal Bond ETF Stock Performance

Schwab Municipal Bond ETF stock opened at $26.00 on Tuesday. Schwab Municipal Bond ETF has a 12-month low of $24.21 and a 12-month high of $26.00. The firm has a 50-day moving average price of $25.80 and a 200-day moving average price of $25.53.

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.