Compass Financial Group INC SD Increases Position in Schwab Municipal Bond ETF (NYSEARCA:SCMB)

Compass Financial Group INC SD increased its holdings in Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 259.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 19,493 shares of the company’s stock after buying an additional 14,063 shares during the period. Compass Financial Group INC SD’s holdings in Schwab Municipal Bond ETF were worth $501,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Creative Planning purchased a new stake in shares of Schwab Municipal Bond ETF during the 3rd quarter valued at $1,002,000. Columbus Macro LLC increased its holdings in Schwab Municipal Bond ETF by 55.0% during the third quarter. Columbus Macro LLC now owns 15,500 shares of the company’s stock worth $814,000 after buying an additional 5,499 shares during the last quarter. Element Wealth LLC raised its position in Schwab Municipal Bond ETF by 64.1% in the third quarter. Element Wealth LLC now owns 3,675 shares of the company’s stock worth $193,000 after acquiring an additional 1,435 shares during the period. Blackston Financial Advisory Group LLC purchased a new position in Schwab Municipal Bond ETF in the third quarter valued at about $201,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Schwab Municipal Bond ETF by 5.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 31,507 shares of the company’s stock valued at $1,655,000 after acquiring an additional 1,670 shares during the period.

Schwab Municipal Bond ETF Stock Up 0.2 %

NYSEARCA:SCMB opened at $25.75 on Friday. Schwab Municipal Bond ETF has a 12 month low of $25.37 and a 12 month high of $26.37. The firm’s 50 day moving average is $25.70 and its 200 day moving average is $25.91.

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.