27,238 Shares in Schwab Ultra-Short Income ETF $SCUS Purchased by January Capital Advisors LLC

January Capital Advisors LLC purchased a new stake in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 27,238 shares of the company’s stock, valued at approximately $686,000. Schwab Ultra-Short Income ETF accounts for about 0.9% of January Capital Advisors LLC’s portfolio, making the stock its 24th largest position.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its position in Schwab Ultra-Short Income ETF by 104.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 86,715 shares of the company’s stock worth $2,183,000 after acquiring an additional 44,368 shares during the period. Kaizen Financial Strategies purchased a new position in shares of Schwab Ultra-Short Income ETF in the 1st quarter valued at approximately $1,993,000. Waverly Advisors LLC increased its holdings in shares of Schwab Ultra-Short Income ETF by 13.2% in the first quarter. Waverly Advisors LLC now owns 26,356 shares of the company’s stock valued at $664,000 after purchasing an additional 3,079 shares during the period. WealthPLAN Partners LLC acquired a new position in shares of Schwab Ultra-Short Income ETF in the fourth quarter valued at approximately $536,000. Finally, Savvy Advisors Inc. raised its stake in shares of Schwab Ultra-Short Income ETF by 57.9% during the fourth quarter. Savvy Advisors Inc. now owns 17,497 shares of the company’s stock worth $441,000 after purchasing an additional 6,418 shares during the last quarter.

Schwab Ultra-Short Income ETF Stock Performance

Schwab Ultra-Short Income ETF stock opened at $25.18 on Friday. The business has a 50 day simple moving average of $25.15 and a 200-day simple moving average of $25.18. Schwab Ultra-Short Income ETF has a 12 month low of $25.10 and a 12 month high of $25.33.

About Schwab Ultra-Short Income ETF

The Schwab Ultra-Short Income ETF (SCUS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US dollar-denominated, investment grade, short-term debt securities from both domestic and foreign issuers. The fund aims for current income and capital preservation, maintaining a portfolio duration of one year or less SCUS was launched on Aug 13, 2024 and is issued by Charles Schwab.