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NYSEARCA:SCMB

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

$25.97 +0.03 (+0.12%)
(As of 11/20/2024 ET)

About Schwab Municipal Bond ETF (NYSEARCA:SCMB)

Key Stats

Today's Range
$25.88
$25.97
50-Day Range
$25.50
$26.27
52-Week Range
$25.41
$26.37
Volume
123,718 shs
Average Volume
107,827 shs
Market Capitalization
$159.72 million
Assets Under Management
$448.24 million
Dividend Yield
1.16%
Net Expense Ratio
0.03%
Aggregate Rating
N/A

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.

Schwab Municipal Bond ETF Expenses

TypeSCMBInvestment Grade ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.03%0.22%0.33%0.51%0.52%
Other Expenses0.00%0.12%0.26%0.57%0.53%
Total Expense0.03%0.25%0.40%0.73%0.71%
Fee Waiver0.00%-0.14%-0.25%-0.67%-0.57%
Net Expense0.03%0.23%0.36%0.58%0.59%
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SCMB ETF News Headlines

Schwab launches mortgage-backed securities ETF
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SCMB ETF - Frequently Asked Questions

Schwab Municipal Bond ETF's stock was trading at $26.3050 at the start of the year. Since then, SCMB stock has decreased by 1.3% and is now trading at $25.97.
View the best growth stocks for 2024 here
.

Shares of Schwab Municipal Bond ETF split on the morning of 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.

Top institutional investors of Schwab Municipal Bond ETF include Charles Schwab Investment Management Inc. (10.40%), Pallas Capital Advisors LLC (7.82%), Charles Schwab Trust Co (4.47%) and Wedmont Private Capital (4.02%).

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.
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Based on aggregate information from My MarketBeat watchlists, some other companies that Schwab Municipal Bond ETF investors own include Barrick Gold (GOLD), 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
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
3247

Fund Statistics

Assets Under Management
$448.24 million
Average Daily Volume
$0.00
Discount/Premium
0.03%

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
30,600 shs

Miscellaneous

Beta
0.11
Creation Fee
$100.00
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Top 10 SCMB Holdings

  • NEW YORK N Y 1.15%
    Holding Weight: 0.40%
  • NEW JERSEY ST TRANSN TR FD AUTH 0%
    Holding Weight: 0.14%
  • CALIFORNIA ST 5%
    Holding Weight: 0.13%
  • ILLINOIS ST 5%
    Holding Weight: 0.13%
  • NEW JERSEY ST TRANSN TR FD AUTH 5%
    Holding Weight: 0.13%
  • NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5.25%
    Holding Weight: 0.13%
  • CHICAGO ILL 5.5%
    Holding Weight: 0.12%
  • NEW YORK N Y 5%
    Holding Weight: 0.12%
  • NEW YORK N Y 5.25%
    Holding Weight: 0.12%
  • NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4%
    Holding Weight: 0.12%

SCMB Sector Exposure

SCMB Industry Exposure


This page (NYSEARCA:SCMB) was last updated on 11/21/2024 by MarketBeat.com Staff
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