C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Takes Position in Schwab High Yield Bond ETF (NYSEARCA:SCYB)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Schwab High Yield Bond ETF (NYSEARCA:SCYB) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 13,088 shares of the company’s stock, valued at approximately $358,000.

Several other large investors have also recently added to or reduced their stakes in the business. Columbus Macro LLC lifted its holdings in Schwab High Yield Bond ETF by 100.6% in the third quarter. Columbus Macro LLC now owns 8,446 shares of the company’s stock worth $452,000 after purchasing an additional 4,236 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Schwab High Yield Bond ETF by 1,211.0% during the 3rd 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 during the period. Jane Street Group LLC bought a new stake in shares of Schwab High Yield Bond ETF during the 3rd quarter worth about $748,000. Salem Investment Counselors Inc. acquired a new stake in shares of Schwab High Yield Bond ETF in the 4th quarter worth approximately $180,000. Finally, Wedmont Private Capital bought a new position in shares of Schwab High Yield Bond ETF in the fourth quarter valued at approximately $1,081,000.

Schwab High Yield Bond ETF Trading Up 0.3 %

NYSEARCA SCYB opened at $26.39 on Friday. The company’s 50 day simple moving average is $26.32 and its 200 day simple moving average is $26.38. Schwab High Yield Bond ETF has a 12 month low of $25.36 and a 12 month high of $26.79.

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.