iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Shares Sold by Phillips Financial Management LLC

Phillips Financial Management LLC reduced its stake in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 6.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 106,454 shares of the company’s stock after selling 7,480 shares during the period. Phillips Financial Management LLC’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $5,368,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of ICSH. Assetmark Inc. raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 48.7% during the 3rd quarter. Assetmark Inc. now owns 2,210 shares of the company’s stock valued at $112,000 after buying an additional 724 shares during the period. Harbour Investments Inc. increased its holdings in iShares Ultra Short-Term Bond Active ETF by 4.0% during the 3rd quarter. Harbour Investments Inc. now owns 7,554 shares of the company’s stock worth $383,000 after purchasing an additional 291 shares during the last quarter. Prime Capital Investment Advisors LLC increased its holdings in iShares Ultra Short-Term Bond Active ETF by 32.4% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 82,804 shares of the company’s stock worth $4,201,000 after purchasing an additional 20,270 shares during the last quarter. Valtinson Bruner Financial Planning LLC purchased a new stake in iShares Ultra Short-Term Bond Active ETF during the 3rd quarter worth approximately $10,953,000. Finally, Diversified Portfolios Inc. increased its holdings in iShares Ultra Short-Term Bond Active ETF by 36.1% during the 3rd quarter. Diversified Portfolios Inc. now owns 1,152,993 shares of the company’s stock worth $58,503,000 after purchasing an additional 305,634 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

ICSH stock opened at $50.54 on Thursday. iShares Ultra Short-Term Bond Active ETF has a 52-week low of $50.29 and a 52-week high of $50.77. The stock’s 50 day moving average is $50.55 and its two-hundred day moving average is $50.56.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.1797 dividend. The ex-dividend date of this dividend 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.