109,319 Schwab Ultra-Short Income ETF $SCUS Shares Acquired by Kaizen Financial Strategies

Kaizen Financial Strategies grew its position in shares of Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) by 255.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152,193 shares of the company’s stock after buying an additional 109,319 shares during the quarter. Schwab Ultra-Short Income ETF accounts for approximately 1.6% of Kaizen Financial Strategies’ holdings, making the stock its 17th largest position. Kaizen Financial Strategies owned approximately 1.45% of Schwab Ultra-Short Income ETF worth $3,822,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. James Investment Research Inc. lifted its holdings 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 acquiring an additional 1,656 shares during the period. Waverly Advisors LLC increased its position in shares of Schwab Ultra-Short Income ETF by 13.2% during 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 during the last quarter. Mann Financial Group Inc. purchased a new stake in shares of Schwab Ultra-Short Income ETF during the 2nd quarter valued at about $227,000. January Capital Advisors LLC bought a new position in shares of Schwab Ultra-Short Income ETF in the 1st quarter worth approximately $686,000. Finally, Citadel Advisors LLC lifted its stake in shares of Schwab Ultra-Short Income ETF by 316.7% in the 2nd quarter. Citadel Advisors LLC now owns 272,901 shares of the company’s stock worth $6,870,000 after purchasing an additional 207,412 shares during the period.

Schwab Ultra-Short Income ETF Stock Performance

Shares of SCUS traded up $0.01 on Friday, reaching $25.05. The company’s stock had a trading volume of 134,132 shares, compared to its average volume of 120,322. The stock’s 50 day simple moving average is $25.12 and its two-hundred day simple moving average is $25.15. Schwab Ultra-Short Income ETF has a 12-month low of $25.01 and a 12-month high of $25.33.

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.