BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) Hits New 1-Year High at $50.59

Posted by Mark Dietrich on Sep 9th, 2024

BlackRock Ultra Short-Term Bond ETF (BATS:ICSH – Get Free Report)’s stock price reached a new 52-week high on Monday . The company traded as high as $50.59 and last traded at $50.60, with a volume of 704987 shares changing hands. The stock had previously closed at $50.58.

BlackRock Ultra Short-Term Bond ETF Price Performance

The business has a fifty day simple moving average of $50.54 and a 200 day simple moving average of $50.48.

BlackRock Ultra Short-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.2233 dividend. This is a positive change from BlackRock Ultra Short-Term Bond ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ICSH. SOA Wealth Advisors LLC. acquired a new position in BlackRock Ultra Short-Term Bond ETF during the 2nd quarter worth $44,000. InterOcean Capital Group LLC acquired a new position in BlackRock Ultra Short-Term Bond ETF during the 1st quarter valued at about $219,000. Massmutual Trust Co. FSB ADV acquired a new position in BlackRock Ultra Short-Term Bond ETF during the 2nd quarter valued at about $253,000. Argent Advisors Inc. increased its stake in BlackRock Ultra Short-Term Bond ETF by 9.7% during the 1st quarter. Argent Advisors Inc. now owns 5,296 shares of the company’s stock valued at $268,000 after buying an additional 467 shares during the period. Finally, Leavell Investment Management Inc. grew its stake in shares of BlackRock Ultra Short-Term Bond ETF by 15.2% in the 1st quarter. Leavell Investment Management Inc. now owns 11,285 shares of the company’s stock worth $571,000 after purchasing an additional 1,485 shares during the last quarter.

BlackRock Ultra Short-Term Bond ETF Company Profile

(Get Free Report)

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.