Schwab Municipal Bond ETF
SCMB
25 hedge funds and large institutions have $63.4M invested in Schwab Municipal Bond ETF in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 5 closing their positions.
264% more capital invested
Capital invested by funds: $17.4M → $63.4M (+$46M)
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
46.59% more ownership
Funds ownership: 56.52% → 103.11% (+47%)
39% more funds holding
Funds holding: 18 → 25 (+7)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$34.3M |
| 2 |
Jane Street
New York
|
+$6.24M |
| 3 |
M
MYeCFO
La Jolla,
California
|
+$2.1M |
| 4 |
WPC
Wedmont Private Capital
West Chester,
Pennsylvania
|
+$1.94M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFG
RFP Financial Group
Atlanta,
Georgia
|
-$1.78M |
| 2 |
MWA
Mills Wealth Advisors
Southlake,
Texas
|
-$687K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$450K |
| 4 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$191K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$120K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFG
26
RFP Financial Group
Atlanta,
Georgia
| – | -$1.78M | -69,384 | Closed |
|
|
MWA
27
Mills Wealth Advisors
Southlake,
Texas
| – | -$687K | -26,798 | Closed |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$450K | -17,530 | Closed |
|
|
NA
29
NewEdge Advisors
New Orleans,
Louisiana
| – | -$51.3K | -2,000 | Closed |
|
|
TFA
30
Toth Financial Advisory
Leesburg,
Virginia
| – | -$32.2K | -1,254 | Closed |
|
SCMB Hedge Fund Activity: Q1 2023 in Review
25 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Schwab Municipal Bond ETF (SCMB) for Q1 2023, worth a combined $63.4M — up 264% from $17.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SCMB positions and 5 closed out — a net gain of 7 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Charles Schwab, opening a new position worth an estimated $34.3M. The largest seller was RFP Financial Group, exiting entirely with an estimated $1.78M sold.
- 25 institutional investors held Schwab Municipal Bond ETF (SCMB) as of Q1 2023, up from 18 in Q4 2022.
- Funds reported $63.4M of Schwab Municipal Bond ETF stock for Q1 2023, up 264% quarter-over-quarter.
- 12 funds opened new Schwab Municipal Bond ETF positions in Q1 2023 and 5 closed out, a net change of +7 holders.
- The largest Schwab Municipal Bond ETF buyer in Q1 2023 was Charles Schwab, an estimated $34.3M added.
- The largest Schwab Municipal Bond ETF seller in Q1 2023 was RFP Financial Group, an estimated $1.78M sold.
Based on aggregated 13F filings for Q1 2023.