Schwab Municipal Bond ETF $SCMB Shares Bought by Compass Financial Group INC SD

Compass Financial Group INC SD grew its holdings in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 2.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 23,036 shares of the company’s stock after acquiring an additional 539 shares during the quarter. Compass Financial Group INC SD’s holdings in Schwab Municipal Bond ETF were worth $580,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC acquired a new position in Schwab Municipal Bond ETF during the 2nd quarter worth $139,000. Investment Planning Advisors Inc. boosted its position in Schwab Municipal Bond ETF by 11.8% during the 2nd quarter. Investment Planning Advisors Inc. now owns 62,039 shares of the company’s stock worth $1,562,000 after acquiring an additional 6,572 shares during the period. Northeast Financial Group Inc. boosted its position in Schwab Municipal Bond ETF by 34.1% during the 2nd quarter. Northeast Financial Group Inc. now owns 51,676 shares of the company’s stock worth $1,301,000 after acquiring an additional 13,136 shares during the period. Legacy Wealth Management Inc lifted its holdings in shares of Schwab Municipal Bond ETF by 182.4% in the second quarter. Legacy Wealth Management Inc now owns 34,193 shares of the company’s stock valued at $861,000 after buying an additional 22,083 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Schwab Municipal Bond ETF by 15.4% in the second quarter. Janney Montgomery Scott LLC now owns 75,000 shares of the company’s stock valued at $1,888,000 after buying an additional 10,000 shares during the period.

Schwab Municipal Bond ETF Stock Performance

Shares of Schwab Municipal Bond ETF stock opened at $25.61 on Friday. The business has a fifty day simple moving average of $25.30 and a 200-day simple moving average of $25.15. Schwab Municipal Bond ETF has a fifty-two week low of $24.21 and a fifty-two week high of $26.30.

About Schwab Municipal Bond ETF

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.