IFP Advisors Inc cut its stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH – Free Report) by 44.9% in the third quarter, Holdings Channel.com reports. The firm owned 40,637 shares of the company’s stock after selling 33,084 shares during the quarter. IFP Advisors Inc’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $2,062,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Temasek Holdings Private Ltd purchased a new position in iShares Ultra Short-Term Bond Active ETF during the third quarter worth approximately $100,178,000. Prosperity Consulting Group LLC purchased a new stake in iShares Ultra Short-Term Bond Active ETF in the 3rd quarter valued at $32,752,000. Sand Hill Global Advisors LLC increased its stake in shares of iShares Ultra Short-Term Bond Active ETF by 157.2% in the 2nd quarter. Sand Hill Global Advisors LLC now owns 995,869 shares of the company’s stock worth $50,501,000 after acquiring an additional 608,720 shares during the last quarter. Bank of America Corp DE increased its stake in shares of iShares Ultra Short-Term Bond Active ETF by 16.4% in the 2nd quarter. Bank of America Corp DE now owns 3,994,163 shares of the company’s stock worth $202,544,000 after acquiring an additional 561,690 shares during the last quarter. Finally, Hollencrest Capital Management purchased a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 3rd quarter worth $23,597,000.
iShares Ultra Short-Term Bond Active ETF Price Performance
Shares of ICSH stock opened at $50.55 on Friday. The company’s 50-day moving average price is $50.64 and its 200-day moving average price is $50.64. iShares Ultra Short-Term Bond Active ETF has a twelve month low of $50.40 and a twelve month high of $50.77.
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.
See Also
Want to see what other hedge funds are holding ICSH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Ultra Short-Term Bond Active ETF (BATS:ICSH – Free Report).
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