Citadel Advisors LLC Boosts Stock Holdings in Schwab Ultra-Short Income ETF $SCUS

Citadel Advisors LLC raised its stake in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) by 316.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 272,901 shares of the company’s stock after purchasing an additional 207,412 shares during the quarter. Citadel Advisors LLC owned about 2.84% of Schwab Ultra-Short Income ETF worth $6,870,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new position in shares of Schwab Ultra-Short Income ETF in the 2nd quarter worth $64,473,000. Goldman Sachs Group Inc. grew its position in Schwab Ultra-Short Income ETF by 104.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 86,715 shares of the company’s stock valued at $2,183,000 after acquiring an additional 44,368 shares during the period. Kaizen Financial Strategies acquired a new stake in Schwab Ultra-Short Income ETF during the first quarter worth about $1,993,000. January Capital Advisors LLC purchased a new position in shares of Schwab Ultra-Short Income ETF in the 1st quarter worth about $686,000. Finally, Waverly Advisors LLC lifted its stake in shares of Schwab Ultra-Short Income ETF by 13.2% in the 1st 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 in the last quarter.

Schwab Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:SCUS opened at $25.12 on Tuesday. Schwab Ultra-Short Income ETF has a 1 year low of $25.08 and a 1 year high of $25.33. The stock has a 50-day simple moving average of $25.14 and a 200-day simple moving average of $25.17.

Schwab Ultra-Short Income ETF Profile

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.