Golden State Wealth Management LLC Makes New Investment in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS)

Golden State Wealth Management LLC purchased a new position in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,064 shares of the company’s stock, valued at approximately $52,000. Golden State Wealth Management LLC owned about 0.06% of Schwab Ultra-Short Income ETF as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in SCUS. TD Waterhouse Canada Inc. bought a new stake in Schwab Ultra-Short Income ETF in the 4th quarter worth $60,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Schwab Ultra-Short Income ETF during the 4th quarter valued at about $326,000. Hummer Financial Advisory Services Inc boosted its stake in shares of Schwab Ultra-Short Income ETF by 179.2% during the 1st quarter. Hummer Financial Advisory Services Inc now owns 40,200 shares of the company’s stock valued at $1,013,000 after purchasing an additional 25,800 shares in the last quarter. Sculati Wealth Management LLC boosted its stake in shares of Schwab Ultra-Short Income ETF by 32.7% during the 4th quarter. Sculati Wealth Management LLC now owns 67,382 shares of the company’s stock valued at $1,693,000 after purchasing an additional 16,623 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Schwab Ultra-Short Income ETF by 110.9% during the 4th quarter. Jane Street Group LLC now owns 107,433 shares of the company’s stock valued at $2,699,000 after purchasing an additional 56,501 shares in the last quarter.

Schwab Ultra-Short Income ETF Stock Up 0.0%

Shares of SCUS opened at $25.11 on Monday. The firm’s 50-day moving average price is $25.14 and its 200-day moving average price is $25.14. Schwab Ultra-Short Income ETF has a 1-year low of $25.02 and a 1-year high of $27.18.

About Schwab Ultra-Short Income ETF

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.