SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co Purchases Shares of 2,560,979 Schwab Ultra-Short Income ETF $SCUS

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co acquired a new stake in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 2,560,979 shares of the company’s stock, valued at approximately $64,473,000. Schwab Ultra-Short Income ETF makes up approximately 21.2% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co’s holdings, making the stock its 2nd biggest position. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co owned 26.68% of Schwab Ultra-Short Income ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Mann Financial Group Inc. acquired a new stake in shares of Schwab Ultra-Short Income ETF during the 2nd quarter valued at about $227,000. James Investment Research Inc. lifted its stake in Schwab Ultra-Short Income ETF by 14.1% during the first quarter. James Investment Research Inc. now owns 13,417 shares of the company’s stock worth $338,000 after purchasing an additional 1,656 shares during the period. WealthPLAN Partners LLC bought a new position in Schwab Ultra-Short Income ETF during the fourth quarter worth about $536,000. Waverly Advisors LLC boosted its holdings 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 valued at $664,000 after purchasing an additional 3,079 shares in the last quarter. Finally, January Capital Advisors LLC acquired a new stake in Schwab Ultra-Short Income ETF during the first quarter valued at approximately $686,000.

Schwab Ultra-Short Income ETF Stock Performance

SCUS stock 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 business’s 50 day moving average is $25.15 and its 200-day moving average is $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.