Jones Financial Companies Lllp Sells 1,175,390 Shares of Schwab Municipal Bond ETF $SCMB

Posted by Wayne Rhoads on Feb 3rd, 2026

Jones Financial Companies Lllp lowered its stake in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMB – Free Report) by 39.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,774,854 shares of the company’s stock after selling 1,175,390 shares during the period. Jones Financial Companies Lllp owned 1.84% of Schwab Municipal Bond ETF worth $45,419,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in SCMB. CWM LLC bought a new stake in Schwab Municipal Bond ETF during the third quarter valued at about $57,000. Raymond James Financial Inc. purchased a new stake in shares of Schwab Municipal Bond ETF during the second quarter valued at about $110,000. Ameritas Advisory Services LLC bought a new stake in shares of Schwab Municipal Bond ETF in the 2nd quarter valued at about $139,000. Chapman Financial Group LLC purchased a new position in shares of Schwab Municipal Bond ETF in the 2nd quarter worth approximately $146,000. Finally, Howe & Rusling Inc. bought a new position in shares of Schwab Municipal Bond ETF during the 2nd quarter worth approximately $206,000.

Schwab Municipal Bond ETF Stock Performance

Shares of SCMB opened at $25.88 on Tuesday. The company has a 50 day moving average of $25.81 and a two-hundred day moving average of $25.59. Schwab Municipal Bond ETF has a twelve month low of $24.21 and a twelve month high of $26.00.

Schwab Municipal Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 6th. Investors of record on Monday, February 2nd will be paid a dividend of $0.0721 per share. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date is Monday, February 2nd.

Schwab Municipal Bond ETF 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.