Schwab Municipal Bond ETF
SCMB
87 hedge funds and large institutions have $258M invested in Schwab Municipal Bond ETF in 2025 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 15 reducing their positions, and 12 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 15
44% more capital invested
Capital invested by funds: $179M → $258M (+$79.1M)
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
5.98% more ownership
Funds ownership: 36.79% → 42.77% (+6%)
2% more funds holding
Funds holding: 85 → 87 (+2)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jones Financial Companies
Des Peres,
Missouri
|
+$64.1M |
| 2 |
PWM
Perigon Wealth Management
San Francisco,
California
|
+$4.23M |
| 3 |
PCA
Pallas Capital Advisors
Braintree,
Massachusetts
|
+$3.32M |
| 4 |
Jane Street
New York
|
+$3.05M |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$2.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CST
Charles Schwab Trust
Henderson,
Nevada
|
-$7.36M |
| 2 |
FPCP
Fort Point Capital Partners
San Francisco,
California
|
-$3.67M |
| 3 |
CA
CGN Advisors
Manhattan,
Kansas
|
-$1.85M |
| 4 |
CSIA
Carl Stuart Investment Advisor
Austin,
Texas
|
-$1.42M |
| 5 |
SAG
SageView Advisory Group
Newport Beach,
California
|
-$1.02M |
SCMB Hedge Fund Activity: Q1 2025 in Review
87 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Schwab Municipal Bond ETF (SCMB) for Q1 2025, worth a combined $258M — up 44% from $179M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SCMB positions and 12 closed out — a net gain of 5 holders — while 40 added to existing stakes and 15 trimmed.
The largest buyer was Jones Financial Companies, adding an estimated $64.1M. The largest seller was Charles Schwab Trust, cutting an estimated $7.36M.
- 87 institutional investors held Schwab Municipal Bond ETF (SCMB) as of Q1 2025, up from 85 in Q4 2024.
- Funds reported $258M of Schwab Municipal Bond ETF stock for Q1 2025, up 44% quarter-over-quarter.
- 17 funds opened new Schwab Municipal Bond ETF positions in Q1 2025 and 12 closed out, a net change of +5 holders.
- The largest Schwab Municipal Bond ETF buyer in Q1 2025 was Jones Financial Companies, an estimated $64.1M added.
- The largest Schwab Municipal Bond ETF seller in Q1 2025 was Charles Schwab Trust, an estimated $7.36M sold.
Based on aggregated 13F filings for Q1 2025.