Schwab Municipal Bond ETF
SCMB
29 hedge funds and large institutions have $66.1M invested in Schwab Municipal Bond ETF in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
15% more capital invested
Capital invested by funds: $57.7M → $66.1M (+$8.43M)
12% more funds holding
Funds holding: 26 → 29 (+3)
3.78% more ownership
Funds ownership: 82.44% → 86.21% (+3.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCA
Pallas Capital Advisors
Braintree,
Massachusetts
|
+$5.83M |
| 2 |
CST
Charles Schwab Trust
Henderson,
Nevada
|
+$4.48M |
| 3 |
M
MYeCFO
La Jolla,
California
|
+$862K |
| 4 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
+$802K |
| 5 |
Jane Street
New York
|
+$801K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.74M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$1.05M |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$342K |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$205K |
| 5 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
26
VitalStone Financial
Shavano Park,
Texas
| $34K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $24.8K | +$25.5K | +1,000 | New |
|
|
EWM
28
EPG Wealth Management
Atlanta,
Georgia
| $18.6K | – | – | – |
|
29
UBS Group
Zurich,
Switzerland
| $3.37K | -$80.9K | -3,168 | -96% |
|
|
30
Goldman Sachs
New York
| – | -$1.74M | -67,116 | Closed |
|
|
31
Koshinski Asset Management
Decatur,
Illinois
| – | -$342K | -13,184 | Closed |
|
|
32
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$205K | -7,924 | Closed |
|
|
CFO
33
CVA Family Office
Denver,
Colorado
| – | -$43.7K | -1,686 | Closed |
|
|
SIC
34
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$20.7K | -800 | Closed |
|
SCMB Hedge Fund Activity: Q3 2023 in Review
29 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Schwab Municipal Bond ETF (SCMB) for Q3 2023, worth a combined $66.1M — up 15% from $57.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SCMB positions and 5 closed out — a net gain of 3 holders — while 8 added to existing stakes and 9 trimmed.
The largest buyer was Pallas Capital Advisors, opening a new position worth an estimated $5.83M. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.74M sold.
- 29 institutional investors held Schwab Municipal Bond ETF (SCMB) as of Q3 2023, up from 26 in Q2 2023.
- Funds reported $66.1M of Schwab Municipal Bond ETF stock for Q3 2023, up 15% quarter-over-quarter.
- 8 funds opened new Schwab Municipal Bond ETF positions in Q3 2023 and 5 closed out, a net change of +3 holders.
- The largest Schwab Municipal Bond ETF buyer in Q3 2023 was Pallas Capital Advisors, an estimated $5.83M added.
- The largest Schwab Municipal Bond ETF seller in Q3 2023 was Goldman Sachs, an estimated $1.74M sold.
Based on aggregated 13F filings for Q3 2023.