Jane Street Group LLC Buys 47,906 Shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB)

Jane Street Group LLC raised its stake in shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB) by 342.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 61,892 shares of the company’s stock after buying an additional 47,906 shares during the quarter. Jane Street Group LLC’s holdings in Schwab High Yield Bond ETF were worth $1,619,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC purchased a new position in Schwab High Yield Bond ETF during the fourth quarter valued at approximately $26,000. Creative Financial Designs Inc. ADV boosted its holdings in Schwab High Yield Bond ETF by 100.0% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,874 shares of the company’s stock valued at $49,000 after purchasing an additional 937 shares during the period. Breakwater Investment Management boosted its holdings in Schwab High Yield Bond ETF by 100.0% in the 4th quarter. Breakwater Investment Management now owns 3,394 shares of the company’s stock valued at $89,000 after purchasing an additional 1,697 shares during the period. IFP Advisors Inc grew its position in shares of Schwab High Yield Bond ETF by 181.1% during the 4th quarter. IFP Advisors Inc now owns 5,484 shares of the company’s stock valued at $143,000 after purchasing an additional 3,533 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Schwab High Yield Bond ETF by 106.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 8,770 shares of the company’s stock valued at $229,000 after purchasing an additional 4,518 shares in the last quarter.

Schwab High Yield Bond ETF Stock Up 0.0%

Schwab High Yield Bond ETF stock opened at $26.13 on Monday. Schwab High Yield Bond ETF has a fifty-two week low of $24.73 and a fifty-two week high of $26.79. The firm’s fifty day moving average price is $25.84 and its 200-day moving average price is $26.18.

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.