SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new position in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS – Free Report) during the 2nd quarter, HoldingsChannel reports. The fund bought 2,560,979 shares of the company’s stock, valued at approximately $64,473,000. Schwab Ultra-Short Income ETF accounts for about 21.2% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co’s holdings, making the stock its 2nd biggest holding. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co owned approximately 0.27% of Schwab Ultra-Short Income ETF at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the company. Mann Financial Group Inc. bought a new position in Schwab Ultra-Short Income ETF during the 2nd quarter valued at about $227,000. James Investment Research Inc. boosted its position in Schwab Ultra-Short Income ETF by 14.1% in the first quarter. James Investment Research Inc. now owns 13,417 shares of the company’s stock valued at $338,000 after buying an additional 1,656 shares in the last quarter. WealthPLAN Partners LLC bought a new stake in Schwab Ultra-Short Income ETF during the fourth quarter worth about $536,000. Waverly Advisors LLC grew its stake in Schwab Ultra-Short Income ETF by 13.2% during the first quarter. Waverly Advisors LLC now owns 26,356 shares of the company’s stock worth $664,000 after buying an additional 3,079 shares during the last quarter. Finally, January Capital Advisors LLC acquired a new stake in shares of Schwab Ultra-Short Income ETF during the first quarter worth approximately $686,000.
Schwab Ultra-Short Income ETF Price Performance
NYSEARCA SCUS opened at $25.12 on Monday. Schwab Ultra-Short Income ETF has a 1-year low of $25.08 and a 1-year high of $25.33. The company has a 50 day moving average of $25.15 and a 200-day moving average of $25.17.
Schwab Ultra-Short Income ETF Company 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.
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Want to see what other hedge funds are holding SCUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Ultra-Short Income ETF (NYSEARCA:SCUS – Free Report).
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