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Schwab Municipal Bond ETF

60 hedge funds and large institutions have $135M invested in Schwab Municipal Bond ETF in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 23 increasing their positions, 11 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

700% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 2

109% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 11

20% more funds holding

Funds holding: 5060 (+10)

14% more capital invested

Capital invested by funds: $118M → $135M (+$16.9M)

0.46% more ownership

Funds ownership: 78.04%78.5% (+0.46%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
60
Holders Change
+10
Holders Change %
+20%
% of All Funds
0.87%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
16
Increased
23
Reduced
11
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
1
Charles Schwab
California
$32.9M +$182K +7,078 +0.6%
CST
2
Charles Schwab Trust
Nevada
$13.9M -$370K -14,366 -3%
WPC
3
Wedmont Private Capital
Pennsylvania
$12.9M +$90.5K +3,516 +0.7%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$9.57M +$8.17M +317,572 +578%
PCA
5
Pallas Capital Advisors
Massachusetts
$7.78M +$484K +18,828 +7%
Bank of America
6
Bank of America
North Carolina
$6.69M +$758K +29,466 +13%
BHWM
7
Beaird Harris Wealth Management
Texas
$6.17M
CA
8
CGN Advisors
Kansas
$5.83M +$1.43M +55,572 +32%
RWP
9
RWA Wealth Partners
Massachusetts
$3.54M +$30.9K +1,200 +0.9%
Jane Street
10
Jane Street
New York
$3.47M +$2.29M +89,122 +194%
M
11
MYeCFO
California
$3.01M -$1.44M -55,960 -32%
ORC
12
O'Rourke & Company
Massachusetts
$2.23M -$60.9K -2,368 -3%
VI
13
VanderPol Investments
Michigan
$2.14M -$28.4K -1,102 -1%
JP Morgan Chase
14
JP Morgan Chase
New York
$2.06M +$1.86M +72,104 +882%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$2M +$313K +12,164 +19%
Wealth Enhancement Advisory Services
16
Wealth Enhancement Advisory Services
Minnesota
$1.53M +$445K +17,294 +41%
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$1.49M -$386K -15,002 -21%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$1.47M +$8.75K +340 +0.6%
TW
19
TrinityPoint Wealth
Connecticut
$1.2M -$81.7K -3,174 -6%
CAPTRUST Financial Advisors
20
CAPTRUST Financial Advisors
North Carolina
$1.04M +$9.98K +388 +1%
UCFA
21
United Capital Financial Advisors
Texas
$976K +$977K +37,990 New
SAI
22
Savvy Advisors Inc
New York
$881K +$882K +34,268 New
AF
23
Advisornet Financial
Minnesota
$751K -$117K -4,550 -13%
FLPIM
24
F.L. Putnam Investment Management
Massachusetts
$683K +$684K +26,592 New
BFG
25
Berger Financial Group
Minnesota
$631K -$9.98K -388 -2%

SCMB Hedge Fund Activity: Q2 2024 in Review

60 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Schwab Municipal Bond ETF (SCMB) for Q2 2024, worth a combined $135M — up 14% from $118M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new SCMB positions and 2 closed out — a net gain of 14 holders — while 23 added to existing stakes and 11 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $8.17M. The largest seller was MYeCFO, cutting an estimated $1.44M.

  • 60 institutional investors held Schwab Municipal Bond ETF (SCMB) as of Q2 2024, up from 50 in Q1 2024.
  • Funds reported $135M of Schwab Municipal Bond ETF stock for Q2 2024, up 14% quarter-over-quarter.
  • 16 funds opened new Schwab Municipal Bond ETF positions in Q2 2024 and 2 closed out, a net change of +14 holders.
  • The largest Schwab Municipal Bond ETF buyer in Q2 2024 was Susquehanna International Group, an estimated $8.17M added.
  • The largest Schwab Municipal Bond ETF seller in Q2 2024 was MYeCFO, an estimated $1.44M sold.

Based on aggregated 13F filings for Q2 2024.