SigFig Wealth Management LLC Makes New $618,000 Investment in Schwab Municipal Bond ETF $SCMB

SigFig Wealth Management LLC bought a new stake in Schwab Municipal Bond ETF (NYSEARCA:SCMB – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 25,585 shares of the company’s stock, valued at approximately $618,000.

Several other hedge funds also recently bought and sold shares of the company. Integrated Wealth Concepts LLC purchased a new stake in shares of Schwab Municipal Bond ETF during the 2nd quarter worth about $50,000. Root Financial Partners LLC grew its stake in shares of Schwab Municipal Bond ETF by 41.9% in the 1st quarter. Root Financial Partners LLC now owns 4,354 shares of the company’s stock valued at $111,000 after buying an additional 1,285 shares in the last quarter. Friedenthal Financial acquired a new position in Schwab Municipal Bond ETF in the first quarter worth approximately $133,000. Integrity Investment Advisors LLC acquired a new position in Schwab Municipal Bond ETF in the fourth quarter worth approximately $212,000. Finally, RMG Wealth Management LLC acquired a new position in Schwab Municipal Bond ETF in the first quarter worth approximately $237,000.

Schwab Municipal Bond ETF Price Performance

SCMB traded down $0.16 during midday trading on Wednesday, hitting $23.90. 2,170,338 shares of the company’s stock traded hands, compared to its average volume of 1,839,030. The stock’s fifty day simple moving average is $24.88 and its 200-day simple moving average is $25.36. Schwab Municipal Bond ETF has a one year low of $23.83 and a one year high of $26.20.

About Schwab Municipal Bond ETF

(Free Report)

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.

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