VCI Wealth Management LLC Boosts Holdings in Schwab Municipal Bond ETF (NYSEARCA:SCMB)

VCI Wealth Management LLC grew its holdings in Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 96.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,684 shares of the company’s stock after purchasing an additional 8,698 shares during the quarter. VCI Wealth Management LLC owned 0.29% of Schwab Municipal Bond ETF worth $454,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Galvin Gaustad & Stein LLC lifted its stake in Schwab Municipal Bond ETF by 101.5% in the fourth quarter. Galvin Gaustad & Stein LLC now owns 17,790 shares of the company’s stock worth $457,000 after acquiring an additional 8,961 shares during the last quarter. Avior Wealth Management LLC lifted its stake in Schwab Municipal Bond ETF by 100.0% in the fourth quarter. Avior Wealth Management LLC now owns 5,686 shares of the company’s stock worth $146,000 after acquiring an additional 2,843 shares during the last quarter. Charles Schwab Trust Co lifted its stake in Schwab Municipal Bond ETF by 196.8% in the fourth quarter. Charles Schwab Trust Co now owns 815,340 shares of the company’s stock worth $20,938,000 after acquiring an additional 540,599 shares during the last quarter. CGN Advisors LLC lifted its stake in Schwab Municipal Bond ETF by 174.4% in the fourth quarter. CGN Advisors LLC now owns 306,135 shares of the company’s stock worth $7,862,000 after acquiring an additional 194,584 shares during the last quarter. Finally, Fiduciary Financial Group LLC purchased a new position in Schwab Municipal Bond ETF in the fourth quarter worth approximately $1,022,000.

Schwab Municipal Bond ETF Trading Up 0.3 %

Shares of Schwab Municipal Bond ETF stock opened at $25.68 on Tuesday. Schwab Municipal Bond ETF has a 52-week low of $25.37 and a 52-week high of $26.37. The company has a 50 day moving average of $25.79 and a 200 day moving average of $25.92.

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.