WealthShield Partners LLC Has $147,000 Position in Schwab Municipal Bond ETF (NYSEARCA:SCMB)

WealthShield Partners LLC boosted its holdings in Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 100.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,724 shares of the company’s stock after acquiring an additional 2,862 shares during the quarter. WealthShield Partners LLC’s holdings in Schwab Municipal Bond ETF were worth $147,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SCMB. JPMorgan Chase & Co. raised its holdings in shares of Schwab Municipal Bond ETF by 44.9% during the third quarter. JPMorgan Chase & Co. now owns 58,155 shares of the company’s stock worth $3,055,000 after acquiring an additional 18,014 shares during the period. HighTower Advisors LLC acquired a new stake in shares of Schwab Municipal Bond ETF during the third quarter worth $210,000. B. Riley Wealth Advisors Inc. raised its holdings in shares of Schwab Municipal Bond ETF by 24.1% during the third quarter. B. Riley Wealth Advisors Inc. now owns 14,800 shares of the company’s stock worth $777,000 after acquiring an additional 2,875 shares during the period. Golden Bell Financial Planning LLC acquired a new stake in shares of Schwab Municipal Bond ETF during the fourth quarter worth $348,000. Finally, Cornerstone Advisors Asset Management LLC raised its holdings in shares of Schwab Municipal Bond ETF by 269.2% during the fourth quarter. Cornerstone Advisors Asset Management LLC now owns 46,195 shares of the company’s stock worth $1,186,000 after acquiring an additional 33,683 shares during the period.

Schwab Municipal Bond ETF Stock Performance

Shares of NYSEARCA:SCMB opened at $25.89 on Wednesday. Schwab Municipal Bond ETF has a 12 month low of $25.37 and a 12 month high of $26.37. The company’s fifty day simple moving average is $25.67 and its 200 day simple moving average is $25.89.

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.