24,449 Shares in Schwab High Yield Bond ETF $SCYB Purchased by Carnegie Investment Counsel

Carnegie Investment Counsel bought a new position in Schwab High Yield Bond ETF (NYSEARCA:SCYB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 24,449 shares of the company’s stock, valued at approximately $646,000.

Several other large investors also recently modified their holdings of the business. Tidal Investments LLC grew its stake in shares of Schwab High Yield Bond ETF by 65.6% in the second quarter. Tidal Investments LLC now owns 1,647,085 shares of the company’s stock worth $43,450,000 after purchasing an additional 652,496 shares during the last quarter. Charles Schwab Trust Co grew its stake in shares of Schwab High Yield Bond ETF by 3.3% in the fourth quarter. Charles Schwab Trust Co now owns 434,937 shares of the company’s stock worth $11,491,000 after purchasing an additional 14,057 shares during the last quarter. Dahring Cusmano LLC bought a new stake in shares of Schwab High Yield Bond ETF in the third quarter worth about $7,451,000. Breakthru Advisory Services LLC grew its stake in shares of Schwab High Yield Bond ETF by 12.8% in the fourth quarter. Breakthru Advisory Services LLC now owns 229,327 shares of the company’s stock worth $6,059,000 after purchasing an additional 26,108 shares during the last quarter. Finally, Strategic Financial Planning Inc. grew its stake in shares of Schwab High Yield Bond ETF by 6.4% in the third quarter. Strategic Financial Planning Inc. now owns 228,706 shares of the company’s stock worth $6,113,000 after purchasing an additional 13,697 shares during the last quarter.

Schwab High Yield Bond ETF Price Performance

NYSEARCA SCYB opened at $26.25 on Tuesday. The stock has a market capitalization of $2.40 billion, a PE ratio of 60.28 and a beta of 0.31. Schwab High Yield Bond ETF has a 1 year low of $25.33 and a 1 year high of $26.78. The business’s 50-day moving average is $26.22 and its 200 day moving average is $26.40.

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.