More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$2.59B
P/E ratio
--
Dividend yield
3.065%
Expense ratio
0.03%
Beta
0.360316
Previous close
$25.68
Today's open
$25.69
Day's range
$25.69 - $25.73
52 week range
$24.21 - $26.09
Bonds
Domestic
Municipal
SCMB: Perfectly Sensible ETF But Not Obviously Worth It
The end result of the investment strategy here seems not worth it to me. The tax breaks on municipal income make them a good fit for higher-rate taxpayers looking for income. Holding the full universe, covering the index, is a sensible diversification strategy.
Seeking Alpha • Aug 3, 2025

SCMB: Schwab Offers Low Cost Municipal Bond ETF But Not Great Results
With the GOP controlling Congress and the White House, current tax rates from 2017 are likely to extend beyond 2025. The Schwab Municipal Bond ETF offers a low-cost, tax-efficient investment in U.S. investment-grade, tax-exempt bonds, with a forward yield of 3.34%. The ETF tracks the ICE AMT-Free Core U.S. National Municipal Index, focusing on high-quality bonds exempt from federal taxes and AMT.
Seeking Alpha • Nov 23, 2024

Schwab Asset Management Announces ETF Share Splits
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced forward share splits on 20 Schwab ETFs. Forward ETF share splits increase the number of shares outstanding and decrease the Net Asset Value (NAV) per share. The share splits will not change the total value of a shareholder's investment. The ETF share splits will apply to shareholders of record as of the close of US markets on October 9, 2024, payable after the.
Business Wire • Sep 25, 2024

The opportunity is not over in municipal bonds, says Parametric's Nisha Patel
Nisha Patel, Parametric fixed income portfolio manager, joins 'The Exchange' to discuss the municipal bond market as rate cuts and municipal bond demand grows.
CNBC Television • Aug 9, 2024

Schwab Asset Management Reduces Fees on Two Fixed Income ETFs, Pricing Its Entire Fixed Income Lineup at Three Basis Points
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management™, the asset management arm of The Charles Schwab Corporation and the fifth-largest provider1 of ETFs, today announced the reduction of operating expense ratios for the Schwab High Yield Bond ETF (SCYB) and the Schwab U.S. TIPS ETF (SCHP), bringing the fees for Schwab Asset Management's entire lineup of fixed income ETFs to only three basis points. All of Schwab Asset Management's fixed income ETFs are now among the lowest-priced ETFs in.
Business Wire • Sep 25, 2023

Schwab's New SCYB ETF Targets High Yield Corporate Bond Market
Schwab Asset Management has launched the Schwab High Yield Bond ETF (NYSE Arca: SCYB). The ETF will provide simple access to the U.S. dollar-denominated high yield corporate bond market.
ETF Trends • Jul 11, 2023

NYSE's ETF Leaders: Charles Schwab's Eliot Bishop
Charles Schwab's senior portfolio strategist Eliot Bishop told NYSE's Judy Shaw that income was a “big focus” for clients. “Fixed income is back in the back in the conversation,” Bishop said at Exchange 2023.
ETF Trends • Jul 5, 2023

A Few Overlooked ETF Launches for Your Portfolio
Before the year comes to a close, we highlight some of the most interesting debuts to consider.
ETFcom • Dec 6, 2022

Schwab Launches Municipal Bond ETF
Schwab Asset Management, the asset management arm of The Charles Schwab Corp., launched the Schwab Municipal Bond ETF (NYSE Arca: SCMB). The fund begins trading on the NYSE Arca on October 12.
ETF Trends • Oct 12, 2022

The Schwab Municipal Bond ETF (SCMB) Begins Trading
WESTLAKE, Texas--(BUSINESS WIRE)--Today, the Schwab Municipal Bond ETF (SCMB) begins trading on the NYSE Arca.
Business Wire • Oct 12, 2022

¹ Disclosures

Open an M1 investment account to buy and sell Schwab Municipal Bond ETF commission-free¹. Build wealth for the long term using automated trading and transfers.