iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Hits New 52-Week High – Here’s What Happened

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $50.62 and last traded at $50.62, with a volume of 1309775 shares traded. The stock had previously closed at $50.62.

iShares Ultra Short-Term Bond Active ETF Price Performance

The company has a 50-day moving average of $50.60 and a 200-day moving average of $50.55.

iShares Ultra Short-Term Bond Active ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.2233 per share. This is an increase from iShares Ultra Short-Term Bond Active ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Trading of iShares Ultra Short-Term Bond Active ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares Ultra Short-Term Bond Active ETF by 3.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,293,747 shares of the company’s stock worth $116,385,000 after purchasing an additional 80,048 shares during the last quarter. Donaldson Capital Management LLC lifted its stake in iShares Ultra Short-Term Bond Active ETF by 10.6% in the third quarter. Donaldson Capital Management LLC now owns 2,201,671 shares of the company’s stock valued at $111,713,000 after buying an additional 211,071 shares during the period. Diversified Portfolios Inc. grew its stake in shares of iShares Ultra Short-Term Bond Active ETF by 36.1% in the 3rd quarter. Diversified Portfolios Inc. now owns 1,152,993 shares of the company’s stock valued at $58,503,000 after buying an additional 305,634 shares during the period. Capital Advantage Inc. increased its position in iShares Ultra Short-Term Bond Active ETF by 19.6% in the 2nd quarter. Capital Advantage Inc. now owns 930,308 shares of the company’s stock valued at $46,906,000 after buying an additional 152,636 shares in the last quarter. Finally, MML Investors Services LLC grew its stake in iShares Ultra Short-Term Bond Active ETF by 33.7% in the third quarter. MML Investors Services LLC now owns 468,786 shares of the company’s stock valued at $23,786,000 after acquiring an additional 118,188 shares during the period.

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.