Independent Advisor Alliance Purchases New Position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Independent Advisor Alliance acquired a new position in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) in the 4th quarter, Holdings Channel.com reports. The firm acquired 94,894 shares of the company’s stock, valued at approximately $4,786,000.

Other institutional investors also recently made changes to their positions in the company. Providence First Trust Co acquired a new position in shares of iShares Ultra Short-Term Bond Active ETF in the fourth quarter valued at about $27,000. Hoese & Co LLP acquired a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth approximately $43,000. Private Trust Co. NA grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 21.5% during the 4th quarter. Private Trust Co. NA now owns 1,302 shares of the company’s stock worth $66,000 after purchasing an additional 230 shares in the last quarter. WASHINGTON TRUST Co increased its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 50.0% during the fourth quarter. WASHINGTON TRUST Co now owns 1,500 shares of the company’s stock worth $76,000 after purchasing an additional 500 shares during the period. Finally, Assetmark Inc. raised its position in shares of 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 valued at $112,000 after buying an additional 724 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Price Performance

Shares of BATS:ICSH opened at $50.55 on Wednesday. The business’s 50 day simple moving average is $50.55 and its 200 day simple moving average is $50.57. iShares Ultra Short-Term Bond Active ETF has a 1 year low of $50.29 and a 1 year high of $50.77.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

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

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.