Renaissance Technologies LLC purchased a new position in Schwab Municipal Bond ETF (NYSEARCA:SCMB – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 39,800 shares of the company’s stock, valued at approximately $1,014,000.
Several other large investors also recently bought and sold shares of the business. Goldman Sachs Group Inc. bought a new position in Schwab Municipal Bond ETF during the first quarter valued at $1,248,000. Jane Street Group LLC increased its holdings in shares of Schwab Municipal Bond ETF by 125.0% in the 1st quarter. Jane Street Group LLC now owns 214,377 shares of the company’s stock worth $5,439,000 after buying an additional 119,105 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Schwab Municipal Bond ETF by 165.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 128,813 shares of the company’s stock worth $3,244,000 after buying an additional 80,303 shares during the last quarter. Peapack Gladstone Financial Corp bought a new stake in shares of Schwab Municipal Bond ETF in the 2nd quarter worth about $569,000. Finally, Quantinno Capital Management LP purchased a new stake in shares of Schwab Municipal Bond ETF during the 2nd quarter valued at about $2,311,000.
Schwab Municipal Bond ETF Stock Performance
Shares of NYSEARCA SCMB opened at $25.39 on Friday. Schwab Municipal Bond ETF has a 12-month low of $25.02 and a 12-month high of $26.20. The firm’s 50-day moving average price is $25.58 and its 200-day moving average price is $25.68.
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.
Further Reading
- Five stocks we like better than Schwab Municipal Bond ETF
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for Schwab Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
