Worth Asset Management LLC Makes New Investment in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS)

Worth Asset Management LLC purchased a new stake in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) in the 4th quarter, Holdings Channel reports. The firm purchased 10,730 shares of the company’s stock, valued at approximately $270,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SCUS. Hummer Financial Advisory Services Inc bought a new position in Schwab Ultra-Short Income ETF during the third quarter worth about $364,000. WealthPLAN Partners LLC bought a new stake in shares of Schwab Ultra-Short Income ETF in the third quarter worth about $526,000. Kingsview Wealth Management LLC acquired a new stake in shares of Schwab Ultra-Short Income ETF during the third 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 valued at about $1,286,000.

Schwab Ultra-Short Income ETF Stock Performance

NYSEARCA SCUS traded up $0.01 during trading hours on Wednesday, reaching $25.12. 33,769 shares of the company’s stock were exchanged, compared to its average volume of 82,740. The business’s 50-day moving average price is $25.12. Schwab Ultra-Short Income ETF has a one year low of $25.01 and a one year high of $25.27.

Schwab Ultra-Short Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders 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.