SCMB · Schwab Municipal Bond ETF · Holdings ETF

$24.47 +0.00 (+0.00%) At close · Oct 20

Volume · Oct 20 3.72M Avg daily vol (3M) 3.85M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Institutional holdings are being reconciled with SEC filings. Holder totals and changes may be incomplete until reconciliation finishes.

Quarter:

Holders: 40

Total Value: $123,255,993

Total Shares: 5,101,656

Institutional Ownership Trend

16 quarters

Holder Concentration

Across 40 13F filers · Δ vs Jun 30, 2026

Top Holder

43.8%

−20.6 pts

Top 5

73.9%

−15.6 pts

Top 10

87.9%

−5.2 pts

HHI

2,199

Moderately concentrated−2,352

Who Holds SCMB

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 195 filers, like-for-like change +9.7%; actively managed books +9.6%; index-like books +1713.7%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	73.5%	129	+12.2%	27	12
Adviser	0.1%	4	+9.0%	1	1
Bank	20.3%	8	+6.5%	1	0
Broker-dealer	0.1%	1	+247.7%	0	0
Holding company	0.2%	5	+182.5%	2	0
Unknown	5.8%	48	-9.4%	11	5

Style	Share	Filers	Change	New	Exited
Index-like	0.1%	3	+1713.7%	2	1
Systematic-like	0.2%	3	+51.1%	1	0
Concentrated	6.0%	68	+11.3%	10	8
Diversified active	93.7%	121	+9.5%	29	9
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	98.5%	143	+10.8%	30	13
Medium turnover	0.9%	28	+55.2%	8	0
High turnover	0.3%	6	-78.1%	1	4
Unknown	0.3%	18	-15.4%	3	1
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	0.4%	18	-52.5%	3	2
Medium horizon	1.0%	38	+28.8%	11	4
Long horizon	98.6%	137	+10.0%	27	9
Unknown	0.0%	2	-13.4%	1	3
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	2.6%	75	+21.9%	18	4
$1B to $10B	5.6%	61	-1.9%	14	9
$10B to $100B	2.7%	37	+14.8%	6	2
$100B or more	89.1%	22	+10.1%	4	3
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	8.3%	117	+3.2%	27	9
Pooled investment vehicles	0.4%	2	+719.0%	0	0
Registered funds and BDCs	64.3%	1	+12.9%	0	0
Pension and profit sharing plans	0.1%	2	+24.5%	0	1
Corporations	0.0%	1	0.0%	0	0
Other investment advisers	0.1%	2	+0.3%	0	1
Other	0.0%	1	0.0%	0	0
Diversified	0.3%	3	-4.6%	0	1
Unknown	26.5%	66	+3.4%	15	6

Private funds	Share	Filers	Change	New	Exited
Hedge funds	0.8%	7	+96.3%	2	0
Private equity funds	0.2%	5	-75.3%	1	0
Real estate funds	1.3%	5	+0.1%	1	1
Other private funds	1.1%	6	+38.8%	1	1
Mixed private funds	0.0%	0	—	0	0
No private funds	70.1%	106	+12.6%	22	8
Securitized asset funds	0.0%	0	-100.0%	0	1
Private funds, type not stated	0.0%	0	-100.0%	0	1
Unknown	26.5%	66	+3.4%	15	6

Location	Share	Filers	Change	New	Exited
United States	100.0%	191	+9.7%	41	17
Outside the US	0.0%	4	+0.9%	1	1

The Sep 30, 2026 filing window is still open, so its bar shows only the filers that have filed so far.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 5 holders with no observed 2026-03-31 13F and 3 holders with no observed 2026-06-30 13F.

Conviction and Crowding

195 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

106

54.4% of filers hold it in their top 10

Mar 31, 2026: 102

Holders above 5%

median weight 0.017%

Mar 31, 2026: 0

Crowding

—

shares outstanding is an issuer-wide count, not one listing's

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

shares outstanding is an issuer-wide count, not one listing's

Top 10 holders

93.1%

of 13F shares, Herfindahl 0.455

Active holders

+9.6%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 12.8 quarters

Under 1 year 1.66% 1 to 3 years 10.2% 3 years or more 88.1% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$25.49

estimated per share

Mar 31, 2026: $25.56

Quarter-end price

$25.82

implied by 13F values

Estimated gain or loss

+1.3%

price against the estimated cost

Estimated at a loss

7.29%

of costed 13F value

Estimated cost covers 5.17% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Fund Ownership of SCMB by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0 shares.

Fund type	Shares	Funds
Index funds	0	0
Index ETFs	0	0
Active ETFs	0	0
Active funds	69,189	1
Unclassified	0	0
All registered funds	69,189	1

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Quarterly Activity

vs Jun 30, 2026

New

Increased

Decreased

Sold Out

Unchanged

New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.

Holder count: -155

Institutional value: -95.9%

Shares held: -95.6%

Top Buyers

vs Jun 30, 2026

Institution	Added	Now Holds
Mid Avidian Wealth Enterprises, LLC	+748,273	2,232,098
Mid Resonant Capital Advisors, LLC	+412,022	420,371
Small Rosenberg Matthew Hamilton	+146,328	157,341
Small Archer Investment Management, LLC	+60,176	108,963
Large Concurrent Investment Advisors, LLC	+41,818	53,641

Top Sellers

vs Jun 30, 2026

Institution	Sold	Now Holds
Mid Charles Schwab Trust Co	−800,507	254,695
Small Breakwater Investment Management	−36,473	38,983
Mid Wedmont Private Capital	−23,455	471,085
Mid AdvisorNet Financial, Inc	−13,105	13,208
Mid FERGUSON WELLMAN CAPITAL MANAGEMENT, INC	−9,131	103,116

Top New Positions

vs Jun 30, 2026

Institution	Acquired	Value (USD)
Mid SigFig Wealth Management, LLC	25,585	$618,133
Small LifeGoal Investments, LLC	18,732	$452,565
Mid OLD NATIONAL BANCORP /IN/	13,000	$314,080
Small FINANCIAL LIFE ADVISORS	12,776	$308,668
Small Balboa Wealth Partners	10,045	$242,687

Top Sold-Out Positions

vs Jun 30, 2026

Institution	Previously Held	Last Value (USD)
Small Investment Planning Advisors, Inc.	90,645	$2,340,453
Small Copper Harbor Investment Advisors, LLC	62,983	$1,626,221
Mid Galvin, Gaustad & Stein, LLC	16,667	$430,341
Small FIDUCIARY FINANCIAL GROUP, LLC	15,271	$394,297
Mid Gemmer Asset Management LLC	14,491	$374,157

Filter: New 6 Increased 18 Reduced 11 Sold out 7 Unchanged 5

Holder type: Registered adviser 27 Bank 1 Unknown 12

Showing 40 of 40

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Avidian Wealth Enterprises, LLC SCMB

$53,927,487

43.75%

2,232,098

Wedmont Private Capital SCMB

$11,381,413

9.23%

471,085

Resonant Capital Advisors, LLC SCMB

$10,156,163

8.24%

420,371

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC SCMB

$9,427,836

7.65%

390,225

Charles Schwab Trust Co SCMB

$6,153,431

4.99%

254,695

MYECFO, LLC SCMB

$4,515,745

3.66%

186,910

Compass Financial Group, INC/SD SCMB

$3,867,484

3.14%

160,078

Rosenberg Matthew Hamilton SCMB

$3,801,358

3.08%

157,341

Archer Investment Management, LLC SCMB

$2,632,546

2.14%

108,963

FERGUSON WELLMAN CAPITAL MANAGEMENT, INC SCMB

$2,491,282

2.02%

103,116

Concurrent Investment Advisors, LLC SCMB

$1,295,966

1.05%

53,641

Columbus Macro, LLC SCMB

$1,230,782

1.00%

50,943

Asset Allocation Strategies LLC SCMB

$1,047,746

0.85%

43,367

Acorn Wealth Advisors, LLC SCMB

$981,355

0.80%

40,619

Breakwater Investment Management SCMB

$941,829

0.76%

38,983

IFP Advisors, Inc SCMB

$805,905

0.65%

33,357

Gleason Group, Inc. SCMB

$749,201

0.61%

31,010

CAP Partners, LLC SCMB

$706,752

0.57%

29,253

SigFig Wealth Management, LLC SCMB

$618,133

0.50%

25,585

Hoxton Planning & Management, LLC SCMB

$578,221

0.47%

23,933

Breakwater Capital Group SCMB

$538,091

0.44%

22,272

WEST PACES ADVISORS INC. SCMB

$472,811

0.38%

19,570

GILL CAPITAL PARTNERS, LLC SCMB

$467,520

0.38%

19,351

Roan Capital Partners SCMB

$464,379

0.38%

19,221

LifeGoal Investments, LLC SCMB

$452,565

0.37%

18,732

SIGNATURE ESTATE & INVESTMENT ADVISORS LLC SCMB

$420,384

0.34%

17,400

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SIGNATURE INVESTMENT ADVISORS LLC	17,400	$420,384	100.0%	Defined

CoreCap Advisors, LLC SCMB

$413,667

0.34%

17,122

Farther Finance Advisors, LLC SCMB

$354,668

0.29%

14,680

Revisor Wealth Management LLC SCMB

$341,139

0.28%

14,120

AdvisorNet Financial, Inc SCMB

$319,105

0.26%

13,208

OLD NATIONAL BANCORP /IN/ SCMB

$314,080

0.25%

13,000

FINANCIAL LIFE ADVISORS SCMB

$308,668

0.25%

12,776

Cape Investment Advisory, Inc. SCMB

$279,023

0.23%

11,549

Balboa Wealth Partners SCMB

$242,687

0.20%

10,045

Heartwood Wealth Advisors LLC SCMB

$223,310

0.18%

9,243

Key Client Fiduciary Advisors, LLC SCMB

$216,232

0.18%

8,950

Trust Co SCMB

$58,056

0.05%

2,403

Blue Trust, Inc. SCMB

$31,286

0.03%

1,295

Signature Resources Capital Management, LLC SCMB

$26,600

0.02%

1,101

MARYLAND CAPITAL ADVISORS INC. SCMB

$1,087

0.00%