Schwab Municipal Bond ETF $SCMB Shares Sold by TSA Wealth Managment LLC

TSA Wealth Managment LLC cut its stake in Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 44.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,766 shares of the company’s stock after selling 27,364 shares during the period. TSA Wealth Managment LLC’s holdings in Schwab Municipal Bond ETF were worth $840,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of SCMB. Root Financial Partners LLC acquired a new position in Schwab Municipal Bond ETF during the 3rd quarter valued at approximately $45,000. Integrated Wealth Concepts LLC purchased a new position in shares of Schwab Municipal Bond ETF in the second quarter worth $50,000. RMG Wealth Management LLC acquired a new stake in shares of Schwab Municipal Bond ETF during the first quarter worth $237,000. Greenspring Advisors LLC acquired a new stake in shares of Schwab Municipal Bond ETF during the second quarter worth $251,000. Finally, Breakwater Capital Group lifted its stake in shares of Schwab Municipal Bond ETF by 4.4% during the first quarter. Breakwater Capital Group now owns 9,759 shares of the company’s stock worth $249,000 after buying an additional 413 shares during the period.

Schwab Municipal Bond ETF Price Performance

Shares of SCMB traded up $0.10 during trading hours on Friday, reaching $24.69. 5,107,019 shares of the company traded hands, compared to its average volume of 2,119,221. Schwab Municipal Bond ETF has a 12-month low of $23.81 and a 12-month high of $26.20. The business has a fifty day moving average price of $24.61 and a 200-day moving average price of $25.26.

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.