Glassy Mountain Advisors Inc. Cuts Holdings in iShares Ultra Short-Term Bond Active ETF $ICSH

Glassy Mountain Advisors Inc. trimmed its position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 15.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 164,894 shares of the company’s stock after selling 30,560 shares during the period. iShares Ultra Short-Term Bond Active ETF comprises 2.5% of Glassy Mountain Advisors Inc.’s investment portfolio, making the stock its 15th biggest position. Glassy Mountain Advisors Inc. owned approximately 0.14% of iShares Ultra Short-Term Bond Active ETF worth $8,340,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ICSH. Bank of America Corp DE boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 13.5% in the 3rd quarter. Bank of America Corp DE now owns 4,532,294 shares of the company’s stock worth $230,014,000 after buying an additional 538,131 shares during the last quarter. UBS Group AG boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 6.7% in the 4th quarter. UBS Group AG now owns 4,022,450 shares of the company’s stock worth $203,456,000 after buying an additional 251,028 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 6.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,892,552 shares of the company’s stock worth $146,363,000 after buying an additional 177,744 shares during the last quarter. Donaldson Capital Management LLC boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 3.0% in the 4th quarter. Donaldson Capital Management LLC now owns 2,150,661 shares of the company’s stock worth $108,780,000 after buying an additional 62,775 shares during the last quarter. Finally, Focus Partners Wealth boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 28.4% in the 3rd quarter. Focus Partners Wealth now owns 2,075,233 shares of the company’s stock worth $105,318,000 after buying an additional 459,547 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

Shares of BATS ICSH opened at $50.46 on Thursday. iShares Ultra Short-Term Bond Active ETF has a twelve month low of $50.43 and a twelve month high of $50.77. The stock’s 50 day moving average price is $50.55 and its 200-day moving average price is $50.60.

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.