iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Reaches New 52-Week High – Here’s What Happened

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)’s stock price reached a new 52-week high on Monday . The company traded as high as $50.68 and last traded at $50.67, with a volume of 1170153 shares. The stock had previously closed at $50.66.

iShares Ultra Short-Term Bond Active ETF Trading Down 0.0 %

The company’s fifty day simple moving average is $50.63 and its 200-day simple moving average is $50.53.

iShares Ultra Short-Term Bond Active ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.2233 per share. This is an increase from iShares Ultra Short-Term Bond Active ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Investors Weigh In On iShares Ultra Short-Term Bond Active ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC boosted its position in shares of iShares Ultra Short-Term Bond Active ETF by 360.8% in the first quarter. Janney Montgomery Scott LLC now owns 96,786 shares of the company’s stock valued at $4,894,000 after acquiring an additional 75,784 shares during the period. Argent Advisors Inc. boosted its holdings in iShares Ultra Short-Term Bond Active ETF by 9.7% in the 1st quarter. Argent Advisors Inc. now owns 5,296 shares of the company’s stock valued at $268,000 after purchasing an additional 467 shares during the period. 49 Wealth Management LLC grew its position in iShares Ultra Short-Term Bond Active ETF by 4.9% in the 1st quarter. 49 Wealth Management LLC now owns 377,155 shares of the company’s stock worth $18,982,000 after purchasing an additional 17,495 shares during the last quarter. InterOcean Capital Group LLC bought a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 1st quarter worth about $219,000. Finally, Massmutual Trust Co. FSB ADV acquired a new position in shares of iShares Ultra Short-Term Bond Active ETF during the second quarter valued at about $253,000.

iShares Ultra Short-Term Bond Active ETF Company 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.