NYSEARCA:SCMB

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

$51.40
0.00 (0.00%)
(As of 01:52 PM ET)
Today's Range
$51.38
$51.50
50-Day Range
$51.23
$52.38
52-Week Range
$48.56
$52.70
Volume
12,804 shs
Average Volume
45,120 shs
Market Capitalization
$305.83 million
Assets Under Management
$310.71 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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Schwab Municipal Bond ETF (SCMB)
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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
2033

Fund Statistics

Assets Under Management
$310.71 million
Average Daily Volume
$0.00
Discount/Premium
0.04%

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%0.22%0.32%0.50%0.51%
Other Expenses0.00%0.12%0.26%0.64%0.58%
Total Expense0.03%0.25%0.40%0.74%0.70%
Fee Waiver0.00%-0.15%-0.24%-0.68%-0.57%
Net Expense0.03%0.22%0.35%0.57%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 start of the year. Since then, SCMB shares have decreased by 2.3% and is now trading at $51.40.
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 declared a dividend on Thursday, January 11th. Investors of record on Tuesday, April 2nd will be paid a dividend of $0.1383 per share on Friday, April 5th. The ex-dividend date 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 $310.71 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 a variety of institutional and retail investors. Top institutional investors include Charles Schwab Trust Co (4.66%), Wedmont Private Capital (8.24%), Myecfo LLC (1.45%), CGN Advisors LLC (1.44%), O ROURKE & COMPANY Inc (0.75%) and VanderPol Investments L.L.C. (1.40%).

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 4/23/2024 by MarketBeat.com Staff

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