RWA Wealth Partners LLC Purchases 100,106 Shares of Schwab Municipal Bond ETF $SCMB

RWA Wealth Partners LLC boosted its holdings in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMBFree Report) by 101.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198,918 shares of the company’s stock after acquiring an additional 100,106 shares during the period. RWA Wealth Partners LLC owned about 0.21% of Schwab Municipal Bond ETF worth $5,094,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in SCMB. CWM LLC bought a new stake in shares of Schwab Municipal Bond ETF in the 3rd quarter valued at about $57,000. Raymond James Financial Inc. purchased a new position in Schwab Municipal Bond ETF during the second quarter valued at approximately $110,000. Chapman Financial Group LLC bought a new position in Schwab Municipal Bond ETF in the second quarter worth approximately $146,000. Howe & Rusling Inc. bought a new position in Schwab Municipal Bond ETF in the second quarter worth approximately $206,000. Finally, Alteri Wealth LLC purchased a new stake in Schwab Municipal Bond ETF during the third quarter worth $207,000.

Schwab Municipal Bond ETF Stock Up 0.1%

Shares of NYSEARCA SCMB opened at $26.12 on Thursday. Schwab Municipal Bond ETF has a 12-month low of $24.21 and a 12-month high of $26.14. The stock’s fifty day simple moving average is $25.90 and its two-hundred day simple moving average is $25.71.

Schwab Municipal Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were given a dividend of $0.0721 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.3%.

Schwab Municipal Bond ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab Municipal Bond ETF (NYSEARCA:SCMB)

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