Schwab High Yield Bond ETF (SCYB)
Schwab High Yield Bond ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Westlake, TX, US. The stock last traded at $26.03, up 0.12% on the session, giving a market capitalisation of $2.76B. Its beta of 0.27 implies it has historically moved less than the broad market.
Schwab Strategic Trust - Schwab High Yield Bond ETF is an exchange traded fund launched and managed by Charles Schwab Investment Management, Inc. The fund invests in fixed income markets of the United States. It primarily invests in U.S. dollar denominated below investment grade corporate debt, currently in a coupon paying period, that have a below investment grade rating based on an average of Moody’s, S&P and Fitch and have at least 18 months to final maturity. The fund seeks to track the performance of the ICE BofA US Cash Pay High Yield Constrained Index, by using representative sampling technique. Schwab Strategic Trust - Schwab High Yield Bond ETF was formed on July 11, 2023 and is domiciled in the United States.
Schwab High Yield Bond ETF is most often compared with the following Financial Services names: