Schwab Municipal Bond ETF
SCMB
26 hedge funds and large institutions have $57.7M invested in Schwab Municipal Bond ETF in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 4 reducing their positions, and 3 closing their positions.
225% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 4
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 25 → 26 (+1)
9% less capital invested
Capital invested by funds: $63.4M → $57.7M (-$5.78M)
20.67% less ownership
Funds ownership: 103.11% → 82.44% (-21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.74M |
| 2 |
WPC
Wedmont Private Capital
West Chester,
Pennsylvania
|
+$698K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$519K |
| 4 |
ORC
O'Rourke & Company
Boston,
Massachusetts
|
+$489K |
| 5 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$450K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$7.98M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.38M |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$251K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$215K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$214K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
26
EPG Wealth Management
Atlanta,
Georgia
| $19.4K | – | – | – |
|
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1.38M | -52,774 | Closed |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| – | -$214K | -8,560 | Closed |
|
|
OMC
29
Old Mission Capital
Chicago,
Illinois
| – | -$215K | -8,224 | Closed |
|
SCMB Hedge Fund Activity: Q2 2023 in Review
26 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Schwab Municipal Bond ETF (SCMB) for Q2 2023, worth a combined $57.7M — down 9.1% from $63.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SCMB positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 4 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $1.74M. The largest seller was Jane Street, cutting an estimated $7.98M.
- 26 institutional investors held Schwab Municipal Bond ETF (SCMB) as of Q2 2023, up from 25 in Q1 2023.
- Funds reported $57.7M of Schwab Municipal Bond ETF stock for Q2 2023, down 9.1% quarter-over-quarter.
- 4 funds opened new Schwab Municipal Bond ETF positions in Q2 2023 and 3 closed out, a net change of +1 holder.
- The largest Schwab Municipal Bond ETF buyer in Q2 2023 was Goldman Sachs, an estimated $1.74M added.
- The largest Schwab Municipal Bond ETF seller in Q2 2023 was Jane Street, an estimated $7.98M sold.
Based on aggregated 13F filings for Q2 2023.