Zacks Investment Management Lowers Stock Position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Zacks Investment Management reduced its position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 1.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 50,204 shares of the company’s stock after selling 696 shares during the period. Zacks Investment Management’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $2,532,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ICSH. Proficio Capital Partners LLC raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 4,423.0% in the 4th quarter. Proficio Capital Partners LLC now owns 2,480,416 shares of the company’s stock worth $125,087,000 after purchasing an additional 2,425,576 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth approximately $75,020,000. Constellation Investments Inc. purchased a new position in iShares Ultra Short-Term Bond Active ETF in the fourth quarter valued at approximately $57,968,000. Iron Gate Global Advisors LLC lifted its position in iShares Ultra Short-Term Bond Active ETF by 9,125.7% during the fourth quarter. Iron Gate Global Advisors LLC now owns 586,476 shares of the company’s stock valued at $29,576,000 after buying an additional 580,119 shares in the last quarter. Finally, Renaissance Technologies LLC grew its stake in iShares Ultra Short-Term Bond Active ETF by 15.0% during the fourth quarter. Renaissance Technologies LLC now owns 1,803,400 shares of the company’s stock worth $90,945,000 after buying an additional 235,700 shares during the period.

iShares Ultra Short-Term Bond Active ETF Price Performance

Shares of ICSH stock opened at $50.58 on Friday. The company’s fifty day simple moving average is $50.56 and its 200-day simple moving average is $50.55. iShares Ultra Short-Term Bond Active ETF has a 52 week low of $50.29 and a 52 week high of $50.77.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.1797 dividend. The ex-dividend date was Monday, March 3rd.

iShares Ultra Short-Term Bond Active ETF Profile

The iShares Ultra Short-Term Bond ETF (ICSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in broad market, investment-grade bonds with ultra-short-term maturity. ICSH was launched on Dec 11, 2013 and is managed by BlackRock.