Windsor Advisory Group LLC Takes Position in Schwab High Yield Bond ETF $SCYB

Windsor Advisory Group LLC acquired a new stake in Schwab High Yield Bond ETF (NYSEARCA:SCYB) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 21,763 shares of the company’s stock, valued at approximately $575,000.

A number of other institutional investors also recently made changes to their positions in SCYB. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Schwab High Yield Bond ETF by 344.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,014 shares of the company’s stock valued at $27,000 after purchasing an additional 786 shares in the last quarter. AlphaCore Capital LLC purchased a new stake in shares of Schwab High Yield Bond ETF in the 3rd quarter valued at $29,000. Kestra Advisory Services LLC purchased a new stake in shares of Schwab High Yield Bond ETF in the 4th quarter valued at $33,000. Arax Advisory Partners purchased a new stake in shares of Schwab High Yield Bond ETF in the 4th quarter valued at $39,000. Finally, Howe & Rusling Inc. boosted its stake in shares of Schwab High Yield Bond ETF by 367.1% in the 4th quarter. Howe & Rusling Inc. now owns 2,074 shares of the company’s stock valued at $55,000 after purchasing an additional 1,630 shares in the last quarter.

Schwab High Yield Bond ETF Stock Performance

Shares of Schwab High Yield Bond ETF stock opened at $26.19 on Wednesday. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 60.28 and a beta of 0.27. The company has a fifty day moving average of $26.19 and a 200-day moving average of $26.31. Schwab High Yield Bond ETF has a 52-week low of $25.70 and a 52-week high of $26.78.

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.