Schwab Municipal Bond ETF $SCMB Shares Acquired by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton lifted its position in Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 1,328.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 157,341 shares of the company’s stock after buying an additional 146,328 shares during the quarter. Schwab Municipal Bond ETF makes up 0.7% of Rosenberg Matthew Hamilton’s investment portfolio, making the stock its 24th largest holding. Rosenberg Matthew Hamilton owned approximately 0.12% of Schwab Municipal Bond ETF worth $3,801,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in Schwab Municipal Bond ETF by 3,354.2% during the 1st quarter. Bank of America Corp DE now owns 21,959,386 shares of the company’s stock valued at $559,525,000 after acquiring an additional 21,323,660 shares during the period. Quantinno Capital Management LP lifted its position in shares of Schwab Municipal Bond ETF by 214.3% during the first quarter. Quantinno Capital Management LP now owns 300,660 shares of the company’s stock worth $7,661,000 after purchasing an additional 205,015 shares in the last quarter. Citadel Advisors LLC boosted its stake in shares of Schwab Municipal Bond ETF by 956.6% in the second quarter. Citadel Advisors LLC now owns 221,635 shares of the company’s stock valued at $5,723,000 after purchasing an additional 200,658 shares during the period. Ferguson Wellman Capital Management Inc. acquired a new position in shares of Schwab Municipal Bond ETF in the first quarter valued at approximately $4,552,000. Finally, Envestnet Asset Management Inc. increased its stake in Schwab Municipal Bond ETF by 18.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 860,999 shares of the company’s stock worth $22,231,000 after buying an additional 134,613 shares during the period.

Schwab Municipal Bond ETF Price Performance

Schwab Municipal Bond ETF stock remained flat at $24.03 during mid-day trading on Monday. 4,262,531 shares of the company’s stock were exchanged, compared to its average volume of 1,830,386. Schwab Municipal Bond ETF has a 12 month low of $23.84 and a 12 month high of $26.20. The stock’s fifty day simple moving average is $24.93 and its two-hundred day simple moving average is $25.38.

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.