[Schwab Municipal Bond ETF with $3.6 Billion in Assets Sees Over $530 Million Outflow This Month] According to Bloomberg, following a sell-off in the fixed income market that pushed municipal bond yields to multi-month highs, the $3.6 billion Schwab Municipal Bond ETF (SCMB) is experiencing its largest monthly outflow since its inception in 2022. Investors have withdrawn over $530 million from the ETF so far in September, including a single-day outflow of $360 million last week, marking the fund's highest single-day outflow on record.