Creative Financial Designs Inc. ADV Acquires 937 Shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB)

Creative Financial Designs Inc. ADV lifted its holdings in shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB) by 100.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,874 shares of the company’s stock after purchasing an additional 937 shares during the quarter. Creative Financial Designs Inc. ADV owned 0.07% of Schwab High Yield Bond ETF worth $49,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Jane Street Group LLC bought a new position in shares of Schwab High Yield Bond ETF during the third quarter worth approximately $748,000. IFP Advisors Inc increased its stake in Schwab High Yield Bond ETF by 181.1% in the fourth quarter. IFP Advisors Inc now owns 5,484 shares of the company’s stock valued at $143,000 after acquiring an additional 3,533 shares during the last quarter. Keystone Wealth Services LLC bought a new position in Schwab High Yield Bond ETF in the fourth quarter valued at approximately $532,000. Salem Investment Counselors Inc. bought a new position in Schwab High Yield Bond ETF in the fourth quarter valued at approximately $180,000. Finally, Focus Financial Network Inc. bought a new position in Schwab High Yield Bond ETF in the fourth quarter valued at approximately $1,895,000.

Schwab High Yield Bond ETF Price Performance

Shares of NYSEARCA:SCYB opened at $26.25 on Friday. The company’s 50 day simple moving average is $26.34 and its 200 day simple moving average is $26.40. Schwab High Yield Bond ETF has a 1 year low of $25.36 and a 1 year high of $26.79.

Schwab High Yield Bond ETF Profile

The Schwab High Yield Bond ETF (SCYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of USD-denominated high-yield, US corporate bonds, selected and weighted based on market value. SCYB was launched on Jul 11, 2023 and is managed by Charles Schwab.