BlueSky Wealth Advisors LLC Buys Shares of 41,846 Schwab High Yield Bond ETF $SCYB

BlueSky Wealth Advisors LLC bought a new stake in Schwab High Yield Bond ETF (NYSEARCA:SCYB) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 41,846 shares of the company’s stock, valued at approximately $1,088,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Tidal Investments LLC grew its position in Schwab High Yield Bond ETF by 65.6% in the second quarter. Tidal Investments LLC now owns 1,647,085 shares of the company’s stock worth $43,450,000 after acquiring an additional 652,496 shares in the last quarter. Cornerstone Enterprises LLC acquired a new position in shares of Schwab High Yield Bond ETF during the 4th quarter worth $15,389,000. Summit Financial LLC bought a new position in shares of Schwab High Yield Bond ETF during the 4th quarter valued at $3,450,000. Orion Porfolio Solutions LLC bought a new position in shares of Schwab High Yield Bond ETF during the 3rd quarter valued at $3,256,000. Finally, Elm3 Financial Group LLC acquired a new stake in shares of Schwab High Yield Bond ETF in the 4th quarter valued at $1,684,000.

Schwab High Yield Bond ETF Stock Performance

SCYB stock opened at $26.18 on Friday. The firm has a market cap of $2.43 billion, a PE ratio of 60.28 and a beta of 0.27. Schwab High Yield Bond ETF has a 1 year low of $25.70 and a 1 year high of $26.78. The company has a fifty day simple moving average of $26.19 and a 200 day simple moving average of $26.30.

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.