Schwab High Yield Bond ETF $SCYB Position Increased by Harbour Investments Inc.

Harbour Investments Inc. increased its position in shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB) by 141.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,756 shares of the company’s stock after acquiring an additional 44,353 shares during the period. Harbour Investments Inc. owned about 0.09% of Schwab High Yield Bond ETF worth $2,001,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Elm3 Financial Group LLC purchased a new stake in shares of Schwab High Yield Bond ETF during the fourth quarter worth $1,684,000. Breakthru Advisory Services LLC raised its holdings in shares of Schwab High Yield Bond ETF by 12.8% during the fourth quarter. Breakthru Advisory Services LLC now owns 229,327 shares of the company’s stock worth $6,059,000 after acquiring an additional 26,108 shares in the last quarter. Avior Wealth Management LLC purchased a new stake in shares of Schwab High Yield Bond ETF during the fourth quarter worth $805,000. L2 Asset Management LLC increased its position in Schwab High Yield Bond ETF by 18.1% during the third quarter. L2 Asset Management LLC now owns 222,164 shares of the company’s stock worth $5,938,000 after buying an additional 34,053 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC acquired a new position in Schwab High Yield Bond ETF during the third quarter worth $772,000.

Schwab High Yield Bond ETF Price Performance

Schwab High Yield Bond ETF stock opened at $26.26 on Friday. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 60.28 and a beta of 0.28. Schwab High Yield Bond ETF has a one year low of $25.70 and a one year high of $26.78. The company’s fifty day moving average price is $26.14 and its two-hundred day moving average price is $26.34.

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.