Dahring Cusmano LLC Has $9.01 Million Stock Holdings in Schwab High Yield Bond ETF $SCYB

Dahring Cusmano LLC grew its stake in Schwab High Yield Bond ETF (NYSEARCA:SCYB) by 7.2% during the first quarter, HoldingsChannel.com reports. The firm owned 346,378 shares of the company’s stock after purchasing an additional 23,209 shares during the period. Schwab High Yield Bond ETF makes up approximately 5.5% of Dahring Cusmano LLC’s holdings, making the stock its 6th biggest holding. Dahring Cusmano LLC’s holdings in Schwab High Yield Bond ETF were worth $9,006,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Elm3 Financial Group LLC acquired a new stake in Schwab High Yield Bond ETF during the fourth quarter valued at approximately $1,684,000. Principia Wealth Advisory LLC lifted its holdings in Schwab High Yield Bond ETF by 40.2% during the 4th quarter. Principia Wealth Advisory LLC now owns 165,725 shares of the company’s stock worth $4,378,000 after buying an additional 47,515 shares during the last quarter. Evergreen Advisors LLC acquired a new position in shares of Schwab High Yield Bond ETF in the 4th quarter worth approximately $634,000. Breakthru Advisory Services LLC increased its holdings in shares of Schwab High Yield Bond ETF by 12.8% in the 4th quarter. Breakthru Advisory Services LLC now owns 229,327 shares of the company’s stock valued at $6,059,000 after acquiring an additional 26,108 shares during the last quarter. Finally, Avior Wealth Management LLC bought a new stake in shares of Schwab High Yield Bond ETF in the 4th quarter valued at approximately $805,000.

Schwab High Yield Bond ETF Trading Down 0.1%

SCYB stock opened at $26.10 on Friday. The firm has a market cap of $2.68 billion, a P/E ratio of 60.28 and a beta of 0.27. Schwab High Yield Bond ETF has a 12-month low of $25.70 and a 12-month high of $26.78. The stock’s 50 day simple moving average is $26.13 and its 200 day simple moving average is $26.26.

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.