Schwab Municipal Bond ETF
SCMB
50 hedge funds and large institutions have $104M invested in Schwab Municipal Bond ETF in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 19 increasing their positions, 4 reducing their positions, and 2 closing their positions.
1,100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 2
375% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
72% more funds holding
Funds holding: 29 → 50 (+21)
57% more capital invested
Capital invested by funds: $66.1M → $104M (+$37.5M)
2.98% less ownership
Funds ownership: 86.21% → 83.23% (-3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPC
Wedmont Private Capital
West Chester,
Pennsylvania
|
+$6.77M |
| 2 |
BHWM
Beaird Harris Wealth Management
Dallas,
Texas
|
+$6.07M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.28M |
| 4 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
+$2.28M |
| 5 |
CSIA
Carl Stuart Investment Advisor
Austin,
Texas
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$2.49M |
| 2 |
Jane Street
New York
|
-$1.25M |
| 3 |
JP Morgan Chase
New York
|
-$74K |
| 4 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$30.6K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$24.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACA
51
Aptus Capital Advisors
Fairhope,
Alabama
| $10.8K | +$10.4K | +410 | New |
|
|
IA
52
IFP Advisors
Tampa,
Florida
| – | -$24.8K | -1,000 | Closed |
|
53
UBS Group
Zurich,
Switzerland
| – | -$3.37K | -136 | Closed |
|
SCMB Hedge Fund Activity: Q4 2023 in Review
50 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Schwab Municipal Bond ETF (SCMB) for Q4 2023, worth a combined $104M — up 57% from $66.1M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SCMB positions and 2 closed out — a net gain of 22 holders — while 19 added to existing stakes and 4 trimmed.
The largest buyer was Wedmont Private Capital, adding an estimated $6.77M. The largest seller was Charles Schwab, cutting an estimated $2.49M.
- 50 institutional investors held Schwab Municipal Bond ETF (SCMB) as of Q4 2023, up from 29 in Q3 2023.
- Funds reported $104M of Schwab Municipal Bond ETF stock for Q4 2023, up 57% quarter-over-quarter.
- 24 funds opened new Schwab Municipal Bond ETF positions in Q4 2023 and 2 closed out, a net change of +22 holders.
- The largest Schwab Municipal Bond ETF buyer in Q4 2023 was Wedmont Private Capital, an estimated $6.77M added.
- The largest Schwab Municipal Bond ETF seller in Q4 2023 was Charles Schwab, an estimated $2.49M sold.
Based on aggregated 13F filings for Q4 2023.