iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Shares Purchased by Diversified Portfolios Inc.

Diversified Portfolios Inc. increased its stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 36.1% during the third quarter, Holdings Channel reports. The firm owned 1,152,993 shares of the company’s stock after acquiring an additional 305,634 shares during the period. iShares Ultra Short-Term Bond Active ETF makes up approximately 6.6% of Diversified Portfolios Inc.’s investment portfolio, making the stock its 3rd biggest position. Diversified Portfolios Inc.’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $58,503,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ICSH. InterOcean Capital Group LLC bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the 1st quarter worth $219,000. Massmutual Trust Co. FSB ADV acquired a new position in iShares Ultra Short-Term Bond Active ETF during the 2nd quarter worth approximately $253,000. First International Bank & Trust lifted its stake in iShares Ultra Short-Term Bond Active ETF by 2.8% in the 2nd quarter. First International Bank & Trust now owns 123,820 shares of the company’s stock valued at $6,257,000 after purchasing an additional 3,422 shares during the last quarter. Capital Advantage Inc. boosted its position in iShares Ultra Short-Term Bond Active ETF by 19.6% in the second 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, Hexagon Capital Partners LLC grew its stake in shares of iShares Ultra Short-Term Bond Active ETF by 25.3% during the second quarter. Hexagon Capital Partners LLC now owns 15,672 shares of the company’s stock worth $792,000 after buying an additional 3,166 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Price Performance

iShares Ultra Short-Term Bond Active ETF stock traded up $0.01 during trading hours on Thursday, hitting $50.52. The stock had a trading volume of 935,807 shares. The business’s 50 day simple moving average is $50.61 and its 200-day simple moving average is $50.53. iShares Ultra Short-Term Bond Active ETF has a one year low of $49.98 and a one year high of $50.54.

iShares Ultra Short-Term Bond Active ETF Increases Dividend

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