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

ETF Overview

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.

Key Stats

• Today's Range: $24.81 to $24.85
• 50-Day Range: $24.84 to $25.18
• 52-Week Range: $24.21 to $26.37
• Volume: 1.06 million shs
• Average Volume: 1.14 million shs
• Market Capitalization: $2.08 billion
• Assets Under Management: $2.08 billion
• Dividend Yield: 3.34%
• Net Expense Ratio: 0.03%
• Aggregate Rating: N/A

SCMB ETF - Frequently Asked Questions

How have SCMB shares performed this year?

Schwab Municipal Bond ETF's stock was trading at $25.68 at the beginning of the year. Since then, SCMB stock has decreased by 3.4% and is now trading at $24.8150.

When did Schwab Municipal Bond ETF's stock split?

Shares of Schwab Municipal Bond ETF split on Friday, October 11th 2024.The 2-1 split was announced on Wednesday, September 25th 2024. The newly minted shares were distributed to shareholders after the closing bell on Thursday, October 10th 2024. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are Schwab Municipal Bond ETF's major shareholders?

Schwab Municipal Bond ETF's top institutional investors include Pallas Capital Advisors LLC (0.91%), Charles Schwab Trust Co (0.86%), Wedmont Private Capital (0.59%) and CGN Advisors LLC (0.24%).

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.

What other stocks do shareholders of Schwab Municipal Bond ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Schwab Municipal Bond ETF investors own include Applied Materials (AMAT), AbbVie (ABBV), CyberArk Software (CYBR), Cisco Systems (CSCO), FedEx (FDX) and Ford Motor (F).

Fund Details

• Issuer: Charles Schwab
• Fund Name: Schwab Municipal Bond ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• 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: 5174

Fund Statistics

• Assets Under Management: $2.08 billion
• 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

Options

• Optionable: N/A
• Short Interest: 393,400 shs

Miscellaneous

• Outstanding Shares: 85,200,000
• Beta: -0.29
• Creation Fee: $100.00