Ridgeline Wealth LLC Invests $1.11 Million in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Ridgeline Wealth LLC purchased a new stake in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 21,932 shares of the company’s stock, valued at approximately $1,106,000. iShares Ultra Short-Term Bond Active ETF comprises 0.9% of Ridgeline Wealth LLC’s portfolio, making the stock its 19th biggest position.

A number of other institutional investors and hedge funds also recently modified their holdings of ICSH. Cannon Financial Strategists Inc. increased its position in iShares Ultra Short-Term Bond Active ETF by 0.9% in the third quarter. Cannon Financial Strategists Inc. now owns 28,411 shares of the company’s stock worth $1,442,000 after buying an additional 257 shares during the last quarter. Harbour Investments Inc. increased its holdings in iShares Ultra Short-Term Bond Active ETF by 4.0% in the 3rd quarter. Harbour Investments Inc. now owns 7,554 shares of the company’s stock worth $383,000 after acquiring an additional 291 shares during the last quarter. Rosenberg Matthew Hamilton raised its stake in iShares Ultra Short-Term Bond Active ETF by 159.0% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 650 shares of the company’s stock valued at $33,000 after acquiring an additional 399 shares during the period. Aspen Wealth Strategies LLC lifted its holdings in iShares Ultra Short-Term Bond Active ETF by 7.5% during the third quarter. Aspen Wealth Strategies LLC now owns 5,852 shares of the company’s stock valued at $297,000 after purchasing an additional 409 shares during the last quarter. Finally, Guardian Wealth Advisors LLC boosted its position in iShares Ultra Short-Term Bond Active ETF by 1.1% during the third quarter. Guardian Wealth Advisors LLC now owns 41,310 shares of the company’s stock worth $2,096,000 after purchasing an additional 461 shares during the period.

iShares Ultra Short-Term Bond Active ETF Stock Performance

Shares of ICSH stock traded up $0.03 during trading on Monday, reaching $50.47. 1,518,880 shares of the company’s stock traded hands. The firm’s 50-day moving average is $50.51 and its 200 day moving average is $50.55. iShares Ultra Short-Term Bond Active ETF has a 1 year low of $49.98 and a 1 year high of $50.54.

About iShares Ultra Short-Term Bond Active ETF

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.