28,918 Shares in Schwab High Yield Bond ETF $SCYB Purchased by Bennett Selby Investments LP

Bennett Selby Investments LP purchased a new stake in Schwab High Yield Bond ETF (NYSEARCA:SCYB) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 28,918 shares of the company’s stock, valued at approximately $773,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCYB. Howe & Rusling Inc. lifted its position in Schwab High Yield Bond ETF by 650.7% during the second quarter. Howe & Rusling Inc. now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 924 shares during the period. 1620 Investment Advisors Inc. bought a new stake in shares of Schwab High Yield Bond ETF during the 3rd quarter worth approximately $200,000. Osaic Holdings Inc. boosted its position in shares of Schwab High Yield Bond ETF by 15.1% during the 2nd quarter. Osaic Holdings Inc. now owns 7,579 shares of the company’s stock worth $201,000 after acquiring an additional 992 shares in the last quarter. Captrust Financial Advisors bought a new position in Schwab High Yield Bond ETF in the second quarter valued at approximately $223,000. Finally, Farther Finance Advisors LLC raised its position in Schwab High Yield Bond ETF by 163,000.0% during the second quarter. Farther Finance Advisors LLC now owns 9,786 shares of the company’s stock valued at $260,000 after purchasing an additional 9,780 shares in the last quarter.

Schwab High Yield Bond ETF Stock Performance

Shares of SCYB opened at $26.44 on Thursday. Schwab High Yield Bond ETF has a 52-week low of $24.73 and a 52-week high of $26.78. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of 60.28 and a beta of 0.32. The business’s fifty day moving average is $26.47 and its 200-day moving average is $26.45.

About Schwab High Yield Bond ETF

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.