Kaizen Financial Strategies Buys Shares of 79,122 Schwab Ultra-Short Income ETF $SCUS

Kaizen Financial Strategies bought a new stake in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 79,122 shares of the company’s stock, valued at approximately $1,993,000. Schwab Ultra-Short Income ETF makes up 0.9% of Kaizen Financial Strategies’ portfolio, making the stock its 23rd biggest holding. Kaizen Financial Strategies owned about 0.89% of Schwab Ultra-Short Income ETF as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its stake in Schwab Ultra-Short Income ETF by 104.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 86,715 shares of the company’s stock valued at $2,183,000 after purchasing an additional 44,368 shares during the last quarter. WealthPLAN Partners LLC acquired a new stake in Schwab Ultra-Short Income ETF during the 4th quarter worth $536,000. James Investment Research Inc. grew its holdings in shares of 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 in the last quarter. Finally, Savvy Advisors Inc. grew its holdings in shares of Schwab Ultra-Short Income ETF by 57.9% during the fourth quarter. Savvy Advisors Inc. now owns 17,497 shares of the company’s stock worth $441,000 after buying an additional 6,418 shares in the last quarter.

Schwab Ultra-Short Income ETF Price Performance

Shares of NYSEARCA SCUS traded down $0.01 during mid-day trading on Friday, reaching $25.12. The company’s stock had a trading volume of 59,064 shares, compared to its average volume of 115,154. The stock has a 50-day moving average of $25.16 and a two-hundred day moving average of $25.18. Schwab Ultra-Short Income ETF has a 1-year low of $25.10 and a 1-year high of $25.33.

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.