47,690 Shares in Schwab High Yield Bond ETF $SCYB Purchased by Csenge Advisory Group

Csenge Advisory Group purchased a new position in shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB) during the third quarter, Holdings Channel reports. The firm purchased 47,690 shares of the company’s stock, valued at approximately $1,204,000.

Several other institutional investors also recently added to or reduced their stakes in SCYB. Kohmann Bosshard Financial Services LLC lifted its stake in Schwab High Yield Bond ETF by 15.2% in the third quarter. Kohmann Bosshard Financial Services LLC now owns 25,596 shares of the company’s stock valued at $646,000 after buying an additional 3,370 shares during the last quarter. StoneX Group Inc. acquired a new stake in shares of Schwab High Yield Bond ETF in the third quarter valued at approximately $1,257,000. Plancorp LLC purchased a new position in shares of Schwab High Yield Bond ETF during the third quarter worth approximately $202,000. Kestra Advisory Services LLC purchased a new position in shares of Schwab High Yield Bond ETF during the third quarter worth approximately $297,000. Finally, StrongBox Wealth LLC purchased a new position in shares of Schwab High Yield Bond ETF during the third quarter worth approximately $69,000.

Schwab High Yield Bond ETF Price Performance

Shares of Schwab High Yield Bond ETF stock opened at $25.08 on Friday. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 60.28 and a beta of 0.28. The firm’s fifty day simple moving average is $25.34 and its 200-day simple moving average is $25.96. Schwab High Yield Bond ETF has a 12 month low of $24.91 and a 12 month high of $26.65.

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.