January Capital Advisors LLC Takes $686,000 Position in Schwab Ultra-Short Income ETF $SCUS

January Capital Advisors LLC bought a new stake in shares of Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 27,238 shares of the company’s stock, valued at approximately $686,000. Schwab Ultra-Short Income ETF makes up approximately 0.9% of January Capital Advisors LLC’s holdings, making the stock its 24th biggest position. January Capital Advisors LLC owned approximately 0.31% of Schwab Ultra-Short Income ETF at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SCUS. Kaizen Financial Strategies purchased a new stake in shares of Schwab Ultra-Short Income ETF in the 1st quarter valued at about $1,993,000. Waverly Advisors LLC increased its position 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 period. James Investment Research Inc. increased its position 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 buying an additional 1,656 shares during the period. WealthPLAN Partners LLC purchased a new stake in Schwab Ultra-Short Income ETF in the fourth quarter valued at approximately $536,000. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Schwab Ultra-Short Income ETF by 104.8% in 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.

Schwab Ultra-Short Income ETF Stock Performance

Shares of SCUS opened at $25.18 on Friday. The company’s 50 day simple moving average is $25.15 and its 200-day simple moving average is $25.18. Schwab Ultra-Short Income ETF has a 12-month low of $25.10 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.