Bay Capital Advisors LLC Invests $10.21 Million in iShares Ultra Short-Term Bond Active ETF $ICSH

Bay Capital Advisors LLC acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 201,130 shares of the company’s stock, valued at approximately $10,207,000. iShares Ultra Short-Term Bond Active ETF comprises approximately 6.6% of Bay Capital Advisors LLC’s investment portfolio, making the stock its 3rd largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Clayton Financial Group LLC bought a new position in iShares Ultra Short-Term Bond Active ETF in the third quarter valued at about $25,000. MJT & Associates Financial Advisory Group Inc. increased its stake in shares of iShares Ultra Short-Term Bond Active ETF by 136.7% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 613 shares of the company’s stock valued at $31,000 after buying an additional 354 shares during the period. Harbor Asset Planning Inc. bought a new position in iShares Ultra Short-Term Bond Active ETF in the 2nd quarter valued at approximately $41,000. Mather Group LLC. acquired a new stake in iShares Ultra Short-Term Bond Active ETF during the 3rd quarter worth approximately $62,000. Finally, Sound Income Strategies LLC acquired a new stake in iShares Ultra Short-Term Bond Active ETF during the 3rd quarter worth approximately $98,000.

iShares Ultra Short-Term Bond Active ETF Price Performance

ICSH opened at $50.58 on Friday. iShares Ultra Short-Term Bond Active ETF has a fifty-two week low of $50.33 and a fifty-two week high of $50.77. The company’s 50 day moving average price is $50.63 and its two-hundred day moving average price is $50.64.

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.