Larson Financial Group LLC Has $26,000 Stock Position in Schwab Municipal Bond ETF (NYSEARCA:SCMB)

Larson Financial Group LLC grew its position in shares of Schwab Municipal Bond ETF (NYSEARCA:SCMB) by 100.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,006 shares of the company’s stock after acquiring an additional 505 shares during the quarter. Larson Financial Group LLC’s holdings in Schwab Municipal Bond ETF were worth $26,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SCMB. Continuum Advisory LLC boosted its position in Schwab Municipal Bond ETF by 166.7% during the 3rd quarter. Continuum Advisory LLC now owns 800 shares of the company’s stock worth $42,000 after acquiring an additional 500 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Schwab Municipal Bond ETF by 100.0% in the 4th quarter. IFP Advisors Inc now owns 3,290 shares of the company’s stock valued at $84,000 after buying an additional 1,645 shares during the last quarter. Truist Financial Corp acquired a new stake in shares of Schwab Municipal Bond ETF in the 4th quarter valued at approximately $135,000. Avior Wealth Management LLC boosted its holdings in shares of Schwab Municipal Bond ETF by 100.0% in the 4th quarter. Avior Wealth Management LLC now owns 5,686 shares of the company’s stock valued at $146,000 after buying an additional 2,843 shares during the last quarter. Finally, WealthShield Partners LLC boosted its holdings in shares of Schwab Municipal Bond ETF by 100.0% in the 4th quarter. WealthShield Partners LLC now owns 5,724 shares of the company’s stock valued at $147,000 after buying an additional 2,862 shares during the last quarter.

Schwab Municipal Bond ETF Price Performance

NYSEARCA SCMB opened at $25.49 on Friday. Schwab Municipal Bond ETF has a 12 month low of $25.37 and a 12 month high of $26.37. The stock has a 50 day moving average of $25.69 and a 200-day moving average of $25.87.

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.