Worth Asset Management LLC Takes $270,000 Position in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS)

Worth Asset Management LLC purchased a new stake in shares of Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,730 shares of the company’s stock, valued at approximately $270,000.

Several other hedge funds have also added to or reduced their stakes in SCUS. Hummer Financial Advisory Services Inc bought a new position in shares of Schwab Ultra-Short Income ETF in the 3rd quarter valued at about $364,000. WealthPLAN Partners LLC bought a new position in Schwab Ultra-Short Income ETF in the third quarter valued at approximately $526,000. Kingsview Wealth Management LLC acquired a new stake in Schwab Ultra-Short Income ETF during the 3rd quarter worth $860,000. Finally, Jane Street Group LLC bought a new stake in shares of Schwab Ultra-Short Income ETF during the 3rd quarter valued at $1,286,000.

Schwab Ultra-Short Income ETF Stock Up 0.0 %

Shares of NYSEARCA:SCUS traded up $0.01 during midday trading on Wednesday, hitting $25.12. The company had a trading volume of 33,769 shares, compared to its average volume of 82,740. Schwab Ultra-Short Income ETF has a 12 month low of $25.01 and a 12 month high of $25.27. The business has a fifty day moving average of $25.12.

Schwab Ultra-Short Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 20th were issued a dividend of $0.0831 per share. The ex-dividend date was Friday, December 20th.