Coastwise Capital Group LLC Buys New Position in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS)

Coastwise Capital Group LLC bought a new stake in shares of Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 23,470 shares of the company’s stock, valued at approximately $590,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Worth Asset Management LLC bought a new position in Schwab Ultra-Short Income ETF in the fourth quarter worth $270,000. Hummer Financial Advisory Services Inc bought a new position in shares of Schwab Ultra-Short Income ETF during the 3rd quarter worth about $364,000. WealthPLAN Partners LLC bought a new position in shares of Schwab Ultra-Short Income ETF during the 3rd quarter worth about $526,000. Kingsview Wealth Management LLC bought a new position in shares of Schwab Ultra-Short Income ETF during the 3rd quarter worth about $860,000. Finally, Jane Street Group LLC bought a new position in shares of Schwab Ultra-Short Income ETF during the 3rd quarter worth about $1,286,000.

Schwab Ultra-Short Income ETF Price Performance

Shares of SCUS opened at $25.17 on Friday. Schwab Ultra-Short Income ETF has a 12 month low of $25.01 and a 12 month high of $25.27. The business’s 50-day simple moving average is $25.13.

Schwab Ultra-Short Income ETF Cuts Dividend

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