Ausdal Financial Partners Inc. Makes New $512,000 Investment in Schwab High Yield Bond ETF (NYSEARCA:SCYB)

Ausdal Financial Partners Inc. purchased a new stake in Schwab High Yield Bond ETF (NYSEARCA:SCYB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 19,565 shares of the company’s stock, valued at approximately $512,000.

Several other institutional investors have also made changes to their positions in the stock. Creative Financial Designs Inc. ADV lifted its position in shares of Schwab High Yield Bond ETF by 100.0% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,874 shares of the company’s stock valued at $49,000 after acquiring an additional 937 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in Schwab High Yield Bond ETF during the fourth quarter worth about $26,000. Breakwater Investment Management grew its stake in 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 worth $89,000 after buying an additional 1,697 shares in the last quarter. IFP Advisors Inc increased its holdings in Schwab High Yield Bond ETF by 181.1% in the 4th quarter. IFP Advisors Inc now owns 5,484 shares of the company’s stock valued at $143,000 after buying an additional 3,533 shares during the period. Finally, Sightline Wealth Advisors LLC raised its position in shares of Schwab High Yield Bond ETF by 104.6% in the 4th quarter. Sightline Wealth Advisors LLC now owns 8,352 shares of the company’s stock valued at $218,000 after buying an additional 4,269 shares in the last quarter.

Schwab High Yield Bond ETF Trading Down 0.3 %

NYSEARCA SCYB opened at $26.10 on Friday. The firm’s 50 day simple moving average is $26.34 and its 200 day simple moving average is $26.40. Schwab High Yield Bond ETF has a 1 year low of $25.36 and a 1 year 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.