TT Capital Management LLC Has $449,000 Stock Position in Schwab High Yield Bond ETF (NYSEARCA:SCYB)

TT Capital Management LLC decreased its holdings in shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB) by 2.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,200 shares of the company’s stock after selling 400 shares during the quarter. TT Capital Management LLC’s holdings in Schwab High Yield Bond ETF were worth $449,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SCYB. Charles Schwab Investment Management Inc. boosted its holdings in shares of Schwab High Yield Bond ETF by 215.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 12,578,533 shares of the company’s stock worth $329,054,000 after buying an additional 8,596,621 shares during the period. iA Global Asset Management Inc. bought a new stake in shares of Schwab High Yield Bond ETF during the 4th quarter worth $5,075,000. Charles Schwab Trust Co boosted its holdings in shares of Schwab High Yield Bond ETF by 5.8% during the 1st quarter. Charles Schwab Trust Co now owns 132,581 shares of the company’s stock worth $3,462,000 after buying an additional 7,236 shares during the period. Jane Street Group LLC boosted its holdings in shares of Schwab High Yield Bond ETF by 342.5% during the 4th quarter. Jane Street Group LLC now owns 61,892 shares of the company’s stock worth $1,619,000 after buying an additional 47,906 shares during the period. Finally, Capasso Planning Partners LLC boosted its holdings in shares of Schwab High Yield Bond ETF by 25.7% during the 4th quarter. Capasso Planning Partners LLC now owns 44,437 shares of the company’s stock worth $1,162,000 after buying an additional 9,085 shares during the period.

Schwab High Yield Bond ETF Trading Up 0.3%

NYSEARCA SCYB opened at $26.27 on Friday. The company has a fifty day simple moving average of $25.98 and a 200 day simple moving average of $26.13. The company has a market cap of $1.11 billion, a P/E ratio of 60.28 and a beta of 0.33. Schwab High Yield Bond ETF has a 1 year low of $24.73 and a 1 year high of $26.79.

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.