Schwab Municipal Bond ETF
SCMB
50 hedge funds and large institutions have $118M invested in Schwab Municipal Bond ETF in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 8 reducing their positions, and 11 closing their positions.
188% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 8
14% more capital invested
Capital invested by funds: $104M → $118M (+$14.1M)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding
Funds holding: 50 → 50 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5.19% less ownership
Funds ownership: 83.23% → 78.04% (-5.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CST
Charles Schwab Trust
Henderson,
Nevada
|
+$7.96M |
| 2 |
CA
CGN Advisors
Manhattan,
Kansas
|
+$4.47M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$2.33M |
| 4 |
VI
VanderPol Investments
Caledonia,
Michigan
|
+$2.2M |
| 5 |
Bank of New York Mellon
New York
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Carl Stuart Investment Advisor
Austin,
Texas
|
-$2.08M |
| 2 |
LA
Lindenwold Advisors
Reading,
Pennsylvania
|
-$1.49M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$1.02M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$860K |
| 5 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$556K |
SCMB Hedge Fund Activity: Q1 2024 in Review
50 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Schwab Municipal Bond ETF (SCMB) for Q1 2024, worth a combined $118M — up 14% from $104M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SCMB positions and 11 closed out — a net gain of 1 holder — while 23 added to existing stakes and 8 trimmed.
The largest buyer was Charles Schwab Trust, adding an estimated $7.96M. The largest seller was Carl Stuart Investment Advisor, exiting entirely with an estimated $2.08M sold.
- 50 institutional investors held Schwab Municipal Bond ETF (SCMB) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $118M of Schwab Municipal Bond ETF stock for Q1 2024, up 14% quarter-over-quarter.
- 12 funds opened new Schwab Municipal Bond ETF positions in Q1 2024 and 11 closed out, a net change of +1 holder.
- The largest Schwab Municipal Bond ETF buyer in Q1 2024 was Charles Schwab Trust, an estimated $7.96M added.
- The largest Schwab Municipal Bond ETF seller in Q1 2024 was Carl Stuart Investment Advisor, an estimated $2.08M sold.
Based on aggregated 13F filings for Q1 2024.