IFP Advisors Inc Decreases Stock Holdings in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

IFP Advisors Inc cut its stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 12.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,456 shares of the company’s stock after selling 3,880 shares during the period. IFP Advisors Inc’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $1,385,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of ICSH. Valmark Advisers Inc. increased its stake in iShares Ultra Short-Term Bond Active ETF by 5.6% in the 3rd quarter. Valmark Advisers Inc. now owns 28,096 shares of the company’s stock valued at $1,426,000 after purchasing an additional 1,488 shares in the last quarter. Mutual Advisors LLC grew its holdings in iShares Ultra Short-Term Bond Active ETF by 12.9% in the third quarter. Mutual Advisors LLC now owns 32,055 shares of the company’s stock valued at $1,623,000 after purchasing an additional 3,671 shares during the last quarter. Pinnacle Associates Ltd. purchased a new position in shares of iShares Ultra Short-Term Bond Active ETF in the third quarter valued at $366,000. Rosenberg Matthew Hamilton raised its stake in shares of iShares Ultra Short-Term Bond Active ETF by 159.0% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 650 shares of the company’s stock worth $33,000 after buying an additional 399 shares during the last quarter. Finally, Aspen Wealth Strategies LLC boosted its position in shares of iShares Ultra Short-Term Bond Active ETF by 7.5% in the 3rd quarter. Aspen Wealth Strategies LLC now owns 5,852 shares of the company’s stock worth $297,000 after buying an additional 409 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Price Performance

Shares of BATS ICSH opened at $50.66 on Thursday. The company’s 50-day moving average price is $50.52 and its 200 day moving average price is $50.57. iShares Ultra Short-Term Bond Active ETF has a 52 week low of $49.98 and a 52 week high of $50.54.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.1981 dividend. The ex-dividend date was Monday, February 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.