Columbus Macro LLC acquired a new stake in Schwab High Yield Bond ETF (NYSEARCA:SCYB – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 194,535 shares of the company’s stock, valued at approximately $4,910,000.
A number of other large investors also recently bought and sold shares of the stock. Tempus Wealth Planning LLC acquired a new position in Schwab High Yield Bond ETF in the third quarter valued at about $271,000. Wealth Forward LLC acquired a new stake in shares of Schwab High Yield Bond ETF during the third quarter valued at about $1,600,000. Avior Wealth Management LLC acquired a new stake in shares of Schwab High Yield Bond ETF during the third quarter valued at about $323,000. Davis Capital Management acquired a new stake in shares of Schwab High Yield Bond ETF during the third quarter valued at about $48,000. Finally, CoreCap Advisors LLC increased its position in shares of Schwab High Yield Bond ETF by 81.9% during the third quarter. CoreCap Advisors LLC now owns 1,890 shares of the company’s stock valued at $48,000 after acquiring an additional 851 shares during the last quarter.
Schwab High Yield Bond ETF Stock Performance
Shares of Schwab High Yield Bond ETF stock traded down $0.09 on Wednesday, reaching $25.08. The company had a trading volume of 1,610,968 shares, compared to its average volume of 1,166,216. The firm’s 50 day moving average price is $25.71 and its two-hundred day moving average price is $25.98. The firm has a market cap of $2.77 billion, a PE ratio of 60.28 and a beta of 0.28. Schwab High Yield Bond ETF has a 52-week low of $24.91 and a 52-week high of $26.72.
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.
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