Schwab Municipal Bond ETF (NYSEARCA:SCMB) is VanderPol Investments L.L.C.’s 5th Largest Position

VanderPol Investments L.L.C. grew its holdings in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 93.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 80,182 shares of the company’s stock after buying an additional 38,800 shares during the period. Schwab Municipal Bond ETF accounts for about 4.5% of VanderPol Investments L.L.C.’s holdings, making the stock its 5th largest holding. VanderPol Investments L.L.C.’s holdings in Schwab Municipal Bond ETF were worth $2,059,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SCMB. Envestnet Asset Management Inc. lifted its holdings in Schwab Municipal Bond ETF by 18.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 38,840 shares of the company’s stock worth $1,996,000 after buying an additional 6,082 shares during the last quarter. Susquehanna International Group LLP lifted its holdings in shares of Schwab Municipal Bond ETF by 578.0% in the 2nd quarter. Susquehanna International Group LLP now owns 186,259 shares of the company’s stock valued at $9,574,000 after purchasing an additional 158,786 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in shares of Schwab Municipal Bond ETF by 160.7% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 11,925 shares of the company’s stock valued at $613,000 after purchasing an additional 7,350 shares during the last quarter. Miracle Mile Advisors LLC purchased a new stake in shares of Schwab Municipal Bond ETF in the 3rd quarter valued at about $201,000. Finally, Myecfo LLC lifted its holdings in shares of Schwab Municipal Bond ETF by 6.4% in the 3rd quarter. Myecfo LLC now owns 62,279 shares of the company’s stock valued at $3,277,000 after purchasing an additional 3,759 shares during the last quarter.

Schwab Municipal Bond ETF Stock Down 0.1 %

Shares of Schwab Municipal Bond ETF stock traded down $0.02 on Wednesday, hitting $25.69. The stock had a trading volume of 24,987 shares, compared to its average volume of 222,771. Schwab Municipal Bond ETF has a 52-week low of $25.37 and a 52-week high of $26.37. The company’s 50 day moving average price is $25.78 and its 200 day moving average price is $25.92.

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.