Kingsview Wealth Management LLC Has $1.58 Million Stock Position in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS)

Kingsview Wealth Management LLC lifted its stake in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) by 85.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 63,068 shares of the company’s stock after buying an additional 29,026 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Schwab Ultra-Short Income ETF were worth $1,584,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Worth Asset Management LLC bought a new stake in Schwab Ultra-Short Income ETF in the fourth quarter valued at $270,000. Hummer Financial Advisory Services Inc acquired a new stake in shares of Schwab Ultra-Short Income ETF in the 3rd quarter valued at $364,000. WealthPLAN Partners LLC bought a new stake in shares of Schwab Ultra-Short Income ETF in the 3rd quarter worth about $526,000. Coastwise Capital Group LLC acquired a new stake in shares of Schwab Ultra-Short Income ETF during the 4th quarter worth about $590,000. Finally, Jane Street Group LLC acquired a new position in Schwab Ultra-Short Income ETF in the third quarter valued at about $1,286,000.

Schwab Ultra-Short Income ETF Price Performance

NYSEARCA SCUS opened at $25.11 on Tuesday. Schwab Ultra-Short Income ETF has a 1-year low of $25.01 and a 1-year high of $25.27. The business’s 50 day moving average price is $25.13.

Schwab Ultra-Short Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 20th were paid a $0.0831 dividend. The ex-dividend date was Friday, December 20th.