Schwab Ultra-Short Income ETF $SCUS Shares Purchased by Citadel Advisors LLC

Citadel Advisors LLC raised its holdings in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) by 316.7% during the second quarter, HoldingsChannel.com reports. The firm owned 272,901 shares of the company’s stock after buying an additional 207,412 shares during the period. Citadel Advisors LLC’s holdings in Schwab Ultra-Short Income ETF were worth $6,870,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Mann Financial Group Inc. bought a new stake in shares of Schwab Ultra-Short Income ETF in the second quarter worth $227,000. James Investment Research Inc. grew its holdings in Schwab Ultra-Short Income ETF by 14.1% during the 1st quarter. James Investment Research Inc. now owns 13,417 shares of the company’s stock worth $338,000 after acquiring an additional 1,656 shares in the last quarter. WealthPLAN Partners LLC bought a new stake in shares of Schwab Ultra-Short Income ETF in the 4th quarter worth about $536,000. Waverly Advisors LLC raised 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. Finally, January Capital Advisors LLC acquired a new stake in shares of Schwab Ultra-Short Income ETF in the 1st quarter valued at about $686,000.

Schwab Ultra-Short Income ETF Stock Performance

NYSEARCA:SCUS opened at $25.12 on Tuesday. Schwab Ultra-Short Income ETF has a one year low of $25.08 and a one 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 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.