S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
How major US stock indexes fared Friday, 4/12/2024
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Faced with possibly paying for news, Google removes links to California news sites for some users
The US and UK restrict the trade of Russian-origin metals
US Steel shareholders approve takeover by Japan's Nippon Steel opposed by Biden administration
Argentina's populist president meets billionaire Elon Musk in Texas — and a bromance is born
NYSEARCA:SCMB

Schwab Municipal Bond ETF (SCMB) Price, Holdings, & News

$51.45
+0.16 (+0.31%)
(As of 04/12/2024 ET)
Today's Range
$51.41
$51.50
50-Day Range
$51.23
$52.38
52-Week Range
$48.56
$52.79
Volume
43,920 shs
Average Volume
47,013 shs
Market Capitalization
$306.13 million
Assets Under Management
$306.41 million
Dividend Yield
0.58%
Net Expense Ratio
0.03%

About Schwab Municipal Bond ETF

The Schwab Municipal Bond ETF (SCMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment grade tax-exempt debt, issued by US states and territories with varying maturities. SCMB was launched on Oct 12, 2022 and is managed by Charles Schwab.

SCMB Stock Price History

SCMB ETF News Headlines

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Schwab Municipal Bond ETF (SCMB)
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Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
See More Headlines
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Fund Details

Issuer
Charles Schwab
Fund Name
Schwab Municipal Bond ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:SCMB
Inception Date
10/12/2022
Fund Manager
Jason D. Diefenthaler, Matthew Hastings, Steven Hung, John Khodarahmi
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
ICE AMT-Free Core U.S. National Municipal Index
Category
Municipals
Focus
Investment Grade
Development Level
Developed Markets
Region
North America
Number of Holdings
2015

Fund Statistics

Assets Under Management
$306.41 million
Average Daily Volume
$0.00
Discount/Premium
-0.05%

Administrator, Advisor and Custodian

Administrator
Charles Schwab Investment Management, Inc.
Advisor
Charles Schwab Investment Management, Inc.
Custodian
State Street Bank and Trust Company
Distributor
SEI Investments Distribution Co.
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Jane Street

Miscellaneous

Beta
0.10
Creation Fee
$100.00
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Schwab Municipal Bond ETF Expenses

TypeSCMBInvestment Grade ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.03%0.21%0.32%0.50%0.51%
Other Expenses0.00%0.11%0.26%0.64%0.58%
Total Expense0.03%0.24%0.39%0.74%0.70%
Fee Waiver0.00%-0.14%-0.24%-0.68%-0.57%
Net Expense0.03%0.21%0.35%0.58%0.58%

Schwab Municipal Bond ETF (SCMB) Holdings & Exposure

Top 10 SCMB Holdings

  • NEW YORK N Y 3.1%
    Holding Weight: 0.57%
  • NEW JERSEY ST TRANSN TR FD AUTH 0%
    Holding Weight: 0.20%
  • NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 3.1%
    Holding Weight: 0.19%
  • ILLINOIS ST 5%
    Holding Weight: 0.18%
  • CHICAGO ILL 5.5%
    Holding Weight: 0.17%
  • NEW YORK N Y 5%
    Holding Weight: 0.17%
  • NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4%
    Holding Weight: 0.17%
  • NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4%
    Holding Weight: 0.17%
  • ENERGY NORTHWEST WASH ELEC REV 4%
    Holding Weight: 0.16%
  • CALIFORNIA ST 5%
    Holding Weight: 0.15%

SCMB Sector Exposure

SCMB Industry Exposure


SCMB ETF - Frequently Asked Questions

How have SCMB shares performed in 2024?

Schwab Municipal Bond ETF's stock was trading at $52.61 at the beginning of the year. Since then, SCMB shares have decreased by 2.2% and is now trading at $51.45.
View the best growth stocks for 2024 here
.

How often does Schwab Municipal Bond ETF pay dividends? What is the dividend yield for Schwab Municipal Bond ETF?

Schwab Municipal Bond ETF announced a dividend on Thursday, January 11th. Investors of record on Tuesday, April 2nd will be given a dividend of $0.1383 per share on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st.
Read our dividend analysis for SCMB
.

What does SCMB invest in?

Schwab Municipal Bond ETF is a fixed income fund issued by Charles Schwab. SCMB focuses on investment grade investments and follows the ICE AMT-Free Core U.S. National Municipal Index. The fund's investments total to approximately $306.41 million assets under management.

What is the management fee for Schwab Municipal Bond ETF?

Schwab Municipal Bond ETF's management fee is 0.03% and has no other recorded expenses or fee waivers. The net expense ratio for SCMB is 0.03%.

Who are Schwab Municipal Bond ETF's major shareholders?

Schwab Municipal Bond ETF's stock is owned by many different retail and institutional investors. Top institutional shareholders include Charles Schwab Trust Co (4.66%), Wedmont Private Capital (8.24%), CGN Advisors LLC (1.44%), VanderPol Investments L.L.C. (1.40%) and AdvisorNet Financial Inc (0.56%).

How do I buy shares of Schwab Municipal Bond ETF?

Shares of SCMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:SCMB) was last updated on 4/13/2024 by MarketBeat.com Staff

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