Riggs Capital Management LLC Takes Position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Riggs Capital Management LLC purchased a new position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 20,455 shares of the company’s stock, valued at approximately $1,032,000.

Other hedge funds also recently bought and sold shares of the company. Koshinski Asset Management Inc. increased its position in shares of iShares Ultra Short-Term Bond Active ETF by 2.5% during the fourth quarter. Koshinski Asset Management Inc. now owns 8,332 shares of the company’s stock worth $420,000 after purchasing an additional 203 shares in the last quarter. Private Trust Co. NA grew its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 21.5% during the fourth quarter. Private Trust Co. NA now owns 1,302 shares of the company’s stock worth $66,000 after buying an additional 230 shares in the last quarter. Schmidt P J Investment Management Inc. raised its position in shares of iShares Ultra Short-Term Bond Active ETF by 2.5% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 10,063 shares of the company’s stock valued at $507,000 after buying an additional 241 shares during the last quarter. CGC Financial Services LLC raised its position in shares of iShares Ultra Short-Term Bond Active ETF by 1.9% in the fourth quarter. CGC Financial Services LLC now owns 12,980 shares of the company’s stock valued at $655,000 after buying an additional 246 shares during the last quarter. Finally, Cannon Financial Strategists Inc. lifted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 0.9% in the fourth quarter. Cannon Financial Strategists Inc. now owns 28,679 shares of the company’s stock worth $1,446,000 after buying an additional 268 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

ICSH stock opened at $50.67 on Monday. iShares Ultra Short-Term Bond Active ETF has a 1 year low of $50.29 and a 1 year high of $50.77. The business has a 50 day simple moving average of $50.58 and a 200-day simple moving average of $50.56.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1797 dividend. 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.