Vise Technologies Inc. Acquires New Holdings in Schwab Municipal Bond ETF $SCMB

Vise Technologies Inc. acquired a new stake in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMB) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 243,912 shares of the company’s stock, valued at approximately $5,893,000. Vise Technologies Inc. owned approximately 0.15% of Schwab Municipal Bond ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCMB. Bank of America Corp DE increased its stake in shares of 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 worth $559,525,000 after purchasing an additional 21,323,660 shares during the last quarter. Avidian Wealth Enterprises LLC bought a new position in Schwab Municipal Bond ETF during the 3rd quarter worth approximately $53,927,000. Charles Schwab Trust Co increased its position in shares of Schwab Municipal Bond ETF by 11.1% in the second quarter. Charles Schwab Trust Co now owns 1,055,202 shares of the company’s stock valued at $27,245,000 after acquiring an additional 105,691 shares during the period. Envestnet Asset Management Inc. lifted its stake in Schwab Municipal Bond ETF by 18.5% in the second quarter. Envestnet Asset Management Inc. now owns 860,999 shares of the company’s stock worth $22,231,000 after acquiring an additional 134,613 shares during the period. Finally, Quantinno Capital Management LP boosted its position in Schwab Municipal Bond ETF by 214.3% during the 1st quarter. Quantinno Capital Management LP now owns 300,660 shares of the company’s stock valued at $7,661,000 after acquiring an additional 205,015 shares in the last quarter.

Schwab Municipal Bond ETF Trading Down 0.2%

Shares of Schwab Municipal Bond ETF stock opened at $24.80 on Tuesday. The company has a 50-day moving average of $24.56 and a 200 day moving average of $25.40. Schwab Municipal Bond ETF has a 1 year low of $23.81 and a 1 year high of $26.20.

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.