Schwab High Yield Bond ETF (NYSEARCA:SCYB) Stake Cut by Capasso Planning Partners LLC

Capasso Planning Partners LLC decreased its holdings in shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB) by 13.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,380 shares of the company’s stock after selling 6,057 shares during the period. Capasso Planning Partners LLC owned about 0.10% of Schwab High Yield Bond ETF worth $1,002,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SCYB. IFP Advisors Inc boosted its holdings in shares of Schwab High Yield Bond ETF by 181.1% in the 4th quarter. IFP Advisors Inc now owns 5,484 shares of the company’s stock valued at $143,000 after buying an additional 3,533 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in Schwab High Yield Bond ETF in the fourth quarter worth about $26,000. Keystone Wealth Services LLC acquired a new position in Schwab High Yield Bond ETF in the fourth quarter valued at approximately $532,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Schwab High Yield Bond ETF by 215.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 12,578,533 shares of the company’s stock valued at $329,054,000 after purchasing an additional 8,596,621 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV raised its position in shares of Schwab High Yield Bond ETF by 100.0% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,874 shares of the company’s stock worth $49,000 after purchasing an additional 937 shares during the period.

Schwab High Yield Bond ETF Price Performance

NYSEARCA:SCYB opened at $26.38 on Thursday. The firm has a market capitalization of $1.12 billion, a P/E ratio of 60.28 and a beta of 0.33. The business has a 50 day simple moving average of $26.04 and a 200 day simple moving average of $26.13. Schwab High Yield Bond ETF has a 12-month low of $24.73 and a 12-month high of $26.79.

Schwab High Yield Bond ETF Company 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.