Wedmont Private Capital Buys New Shares in Schwab High Yield Bond ETF (NYSEARCA:SCYB)

Wedmont Private Capital purchased a new position in shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 41,412 shares of the company’s stock, valued at approximately $1,081,000. Wedmont Private Capital owned about 1.45% of Schwab High Yield Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Salem Investment Counselors Inc. acquired a new position in shares of Schwab High Yield Bond ETF in the 4th quarter valued at about $180,000. Jane Street Group LLC purchased a new position in Schwab High Yield Bond ETF in the third quarter valued at approximately $748,000. Charles Schwab Investment Management Inc. lifted its position in Schwab High Yield Bond ETF by 1,211.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,981,912 shares of the company’s stock valued at $213,032,000 after buying an additional 3,678,192 shares in the last quarter. Columbus Macro LLC grew its stake in Schwab High Yield Bond ETF by 100.6% during the third quarter. Columbus Macro LLC now owns 8,446 shares of the company’s stock worth $452,000 after buying an additional 4,236 shares during the period. Finally, Charles Schwab Trust Co acquired a new stake in shares of Schwab High Yield Bond ETF in the third quarter worth $4,118,000.

Schwab High Yield Bond ETF Stock Performance

NYSEARCA:SCYB opened at $26.08 on Tuesday. The firm’s fifty day simple moving average is $26.36 and its 200 day simple moving average is $26.32. Schwab High Yield Bond ETF has a twelve month low of $25.36 and a twelve month high of $26.79.

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.