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NYSEARCA:SCMB

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

$51.80
+0.05 (+0.10%)
(As of 07/26/2024 ET)
Today's Range
$51.79
$51.86
50-Day Range
$50.95
$51.89
52-Week Range
$48.56
$52.70
Volume
143,306 shs
Average Volume
47,139 shs
Market Capitalization
$318.60 million
Assets Under Management
$367.45 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

J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
Schwab Municipal Bond ETF (SCMB)
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
2576

Fund Statistics

Assets Under Management
$367.45 million
Average Daily Volume
$0.00
Discount/Premium
0.01%

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

Options

Optionable
N/A
Short Interest
88,000 shs

Miscellaneous

Beta
0.11
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%0.51%0.51%
Other Expenses0.00%0.13%0.26%0.59%0.54%
Total Expense0.03%0.25%0.40%0.74%0.71%
Fee Waiver0.00%-0.15%-0.25%-0.69%-0.59%
Net Expense0.03%0.22%0.35%0.58%0.58%

Schwab Municipal Bond ETF (SCMB) Holdings & Exposure

Top 10 SCMB Holdings

  • NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 2.3%
    Holding Weight: 0.20%
  • CALIFORNIA ST 5%
    Holding Weight: 0.17%
  • NEW JERSEY ST TRANSN TR FD AUTH 0%
    Holding Weight: 0.17%
  • ILLINOIS ST 5%
    Holding Weight: 0.16%
  • NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%
    Holding Weight: 0.16%
  • CHICAGO ILL 5.5%
    Holding Weight: 0.15%
  • NEW YORK N Y 5.25%
    Holding Weight: 0.15%
  • NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4%
    Holding Weight: 0.15%
  • NEW YORK ST URBAN DEV CORP REV 4%
    Holding Weight: 0.15%
  • ENERGY NORTHWEST WASH ELEC REV 4%
    Holding Weight: 0.14%

SCMB Sector Exposure

SCMB Industry Exposure


SCMB ETF - Frequently Asked Questions

How have SCMB shares performed this year?

Schwab Municipal Bond ETF's stock was trading at $52.61 at the start of the year. Since then, SCMB shares have decreased by 1.5% and is now trading at $51.8050.
View the best growth stocks for 2024 here
.

Who are Schwab Municipal Bond ETF's major shareholders?

Schwab Municipal Bond ETF's top institutional investors include Wedmont Private Capital (4.05%), Pallas Capital Advisors LLC (2.44%), CGN Advisors LLC (1.84%) and Myecfo LLC (0.95%).

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 7/27/2024 by MarketBeat.com Staff

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