iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Hits New 52-Week High – Should You Buy?

Shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) reached a new 52-week high on Tuesday . The stock traded as high as $50.55 and last traded at $50.63, with a volume of 839690 shares trading hands. The stock had previously closed at $50.51.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.2 %

The stock’s 50 day moving average is $50.51 and its two-hundred day moving average is $50.57.

Hedge Funds Weigh In On iShares Ultra Short-Term Bond Active ETF

Institutional investors have recently bought and sold shares of the business. Rosenberg Matthew Hamilton lifted its holdings in iShares Ultra Short-Term Bond Active ETF by 159.0% during the third quarter. Rosenberg Matthew Hamilton now owns 650 shares of the company’s stock worth $33,000 after buying an additional 399 shares during the period. Hoese & Co LLP purchased a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth $43,000. Western Pacific Wealth Management LP bought a new stake in iShares Ultra Short-Term Bond Active ETF during the third quarter valued at about $51,000. Castleview Partners LLC purchased a new position in iShares Ultra Short-Term Bond Active ETF in the third quarter valued at about $86,000. Finally, Assetmark Inc. raised its holdings in iShares Ultra Short-Term Bond Active ETF by 48.7% in the third quarter. Assetmark Inc. now owns 2,210 shares of the company’s stock worth $112,000 after purchasing an additional 724 shares in the last quarter.

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.