WealthBridge Capital Management LLC Buys 5,945 Shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB)

WealthBridge Capital Management LLC grew its stake in shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB) by 140.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 10,181 shares of the company’s stock after acquiring an additional 5,945 shares during the period. WealthBridge Capital Management LLC’s holdings in Schwab High Yield Bond ETF were worth $266,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SCYB. Breakwater Investment Management raised its stake 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 valued at $89,000 after acquiring an additional 1,697 shares in the last quarter. Salem Investment Counselors Inc. bought a new stake in shares of Schwab High Yield Bond ETF during the fourth quarter valued at approximately $180,000. Sightline Wealth Advisors LLC raised its stake 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 valued at $218,000 after acquiring an additional 4,269 shares in the last quarter. L.M. Kohn & Company bought a new stake in shares of Schwab High Yield Bond ETF during the fourth quarter valued at approximately $311,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Schwab High Yield Bond ETF during the fourth quarter valued at approximately $358,000.

Schwab High Yield Bond ETF Price Performance

Schwab High Yield Bond ETF stock opened at $26.41 on Thursday. Schwab High Yield Bond ETF has a fifty-two week low of $25.36 and a fifty-two week high of $26.79. The company has a 50 day moving average price of $26.31 and a 200-day moving average price of $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.