Integrity Alliance LLC. Makes New Investment in Schwab Municipal Bond ETF $SCMB

Integrity Alliance LLC. purchased a new position in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMB) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 37,653 shares of the company’s stock, valued at approximately $910,000.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE lifted its stake in Schwab Municipal Bond ETF by 3,354.2% in the first quarter. Bank of America Corp DE now owns 21,959,386 shares of the company’s stock valued at $559,525,000 after buying an additional 21,323,660 shares during the period. Avidian Wealth Enterprises LLC bought a new stake in Schwab Municipal Bond ETF during the 3rd quarter valued at about $53,927,000. Vise Technologies Inc. purchased a new position in Schwab Municipal Bond ETF during the 3rd quarter worth approximately $5,893,000. Quantinno Capital Management LP increased its holdings in shares of Schwab Municipal Bond ETF by 214.3% in the first quarter. Quantinno Capital Management LP now owns 300,660 shares of the company’s stock valued at $7,661,000 after purchasing an additional 205,015 shares during the last quarter. Finally, Citadel Advisors LLC raised its holdings in shares of Schwab Municipal Bond ETF by 956.6% in the 2nd 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 in the last quarter.

Schwab Municipal Bond ETF Trading Up 0.4%

Schwab Municipal Bond ETF stock opened at $25.11 on Friday. Schwab Municipal Bond ETF has a 52 week low of $23.81 and a 52 week high of $26.20. The stock has a fifty day moving average price of $24.53 and a 200 day moving average price of $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.