Schwab Municipal Bond ETF
SCMB
110 hedge funds and large institutions have $1.62B invested in Schwab Municipal Bond ETF in 2025 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 42 increasing their positions, 22 reducing their positions, and 10 closing their positions.
530% more capital invested
Capital invested by funds: $257M → $1.62B (+$1.36B)
240% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 10
91% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 22
36.78% more ownership
Funds ownership: 42.63% → 79.41% (+37%)
28% more funds holding
Funds holding: 86 → 110 (+24)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$1.29B |
| 2 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
+$14.8M |
| 3 |
Jones Financial Companies
Des Peres,
Missouri
|
+$9.3M |
| 4 |
Jane Street
New York
|
+$7.71M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$7.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWS
Rochester Wealth Strategies
Rochester,
Michigan
|
-$6.27M |
| 2 |
WPC
Wedmont Private Capital
West Chester,
Pennsylvania
|
-$2.13M |
| 3 |
Goldman Sachs
New York
|
-$1.25M |
| 4 |
TFA
Trinity Financial Advisors
Columbus,
Ohio
|
-$1.08M |
| 5 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$962K |
SCMB Hedge Fund Activity: Q2 2025 in Review
110 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Schwab Municipal Bond ETF (SCMB) for Q2 2025, worth a combined $1.62B — up 530% from $257M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SCMB positions and 10 closed out — a net gain of 24 holders — while 42 added to existing stakes and 22 trimmed.
The largest buyer was Charles Schwab, adding an estimated $1.29B. The largest seller was Rochester Wealth Strategies, exiting entirely with an estimated $6.27M sold.
- 110 institutional investors held Schwab Municipal Bond ETF (SCMB) as of Q2 2025, up from 86 in Q1 2025.
- Funds reported $1.62B of Schwab Municipal Bond ETF stock for Q2 2025, up 530% quarter-over-quarter.
- 34 funds opened new Schwab Municipal Bond ETF positions in Q2 2025 and 10 closed out, a net change of +24 holders.
- The largest Schwab Municipal Bond ETF buyer in Q2 2025 was Charles Schwab, an estimated $1.29B added.
- The largest Schwab Municipal Bond ETF seller in Q2 2025 was Rochester Wealth Strategies, an estimated $6.27M sold.
Based on aggregated 13F filings for Q2 2025.