Schwab High Yield Bond ETF $SCYB Shares Newly Acquired by Columbus Macro LLC

Columbus Macro LLC bought a new stake in Schwab High Yield Bond ETF (NYSEARCA:SCYB) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 194,535 shares of the company’s stock, valued at approximately $4,910,000. Columbus Macro LLC owned about 0.18% of Schwab High Yield Bond ETF at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. CoreCap Advisors LLC increased its holdings in shares of Schwab High Yield Bond ETF by 81.9% during the 3rd quarter. CoreCap Advisors LLC now owns 1,890 shares of the company’s stock worth $48,000 after buying an additional 851 shares during the last quarter. Axis Wealth Partners LLC raised its position in shares of Schwab High Yield Bond ETF by 13.1% during the 1st quarter. Axis Wealth Partners LLC now owns 8,669 shares of the company’s stock valued at $225,000 after buying an additional 1,007 shares during the period. WealthBridge Capital Management LLC lifted its holdings in Schwab High Yield Bond ETF by 6.1% in the first quarter. WealthBridge Capital Management LLC now owns 19,746 shares of the company’s stock valued at $513,000 after acquiring an additional 1,135 shares during the last quarter. Bogart Wealth LLC lifted its holdings in Schwab High Yield Bond ETF by 5.0% in the first quarter. Bogart Wealth LLC now owns 30,455 shares of the company’s stock valued at $792,000 after acquiring an additional 1,447 shares during the last quarter. Finally, Davis Capital Management acquired a new position in Schwab High Yield Bond ETF in the third quarter valued at approximately $48,000.

Schwab High Yield Bond ETF Trading Down 0.4%

Schwab High Yield Bond ETF stock traded down $0.09 during mid-day trading on Wednesday, hitting $25.08. The company’s stock had a trading volume of 1,610,968 shares, compared to its average volume of 1,166,216. The stock’s fifty day moving average is $25.71 and its two-hundred day moving average is $25.98. The firm has a market capitalization of $2.77 billion, a PE ratio of 60.28 and a beta of 0.28. Schwab High Yield Bond ETF has a 1 year low of $24.91 and a 1 year 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.