Creative Financial Designs Inc. ADV grew its stake in shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB – Free Report) by 100.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,874 shares of the company’s stock after acquiring an additional 937 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Schwab High Yield Bond ETF were worth $49,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of SCYB. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Schwab High Yield Bond ETF during the fourth quarter worth $26,000. Breakwater Investment Management lifted its holdings in shares of Schwab High Yield Bond ETF by 100.0% during the fourth quarter. Breakwater Investment Management now owns 3,394 shares of the company’s stock worth $89,000 after purchasing an additional 1,697 shares during the period. IFP Advisors Inc lifted its holdings in shares of Schwab High Yield Bond ETF by 181.1% during the fourth quarter. IFP Advisors Inc now owns 5,484 shares of the company’s stock worth $143,000 after purchasing an additional 3,533 shares during the period. Salem Investment Counselors Inc. acquired a new position in shares of Schwab High Yield Bond ETF during the fourth quarter worth $180,000. Finally, Sightline Wealth Advisors LLC lifted its holdings in shares of Schwab High Yield Bond ETF by 104.6% during the fourth quarter. Sightline Wealth Advisors LLC now owns 8,352 shares of the company’s stock worth $218,000 after purchasing an additional 4,269 shares during the period.
Schwab High Yield Bond ETF Trading Up 0.1 %
Shares of NYSEARCA:SCYB opened at $26.25 on Friday. The firm’s fifty day moving average is $26.34 and its 200-day moving average is $26.40. Schwab High Yield Bond ETF has a 52 week low of $25.36 and a 52 week high of $26.79.
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.
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Want to see what other hedge funds are holding SCYB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab High Yield Bond ETF (NYSEARCA:SCYB – Free Report).
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