Beacon Financial Group Invests $7.09 Million in iShares Ultra Short-Term Bond Active ETF $ICSH

Beacon Financial Group acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 140,119 shares of the company’s stock, valued at approximately $7,093,000. Beacon Financial Group owned 0.12% of iShares Ultra Short-Term Bond Active ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Sheets Smith Wealth Management lifted its stake in iShares Ultra Short-Term Bond Active ETF by 0.5% in the fourth quarter. Sheets Smith Wealth Management now owns 45,062 shares of the company’s stock valued at $2,279,000 after buying an additional 204 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 1.4% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 18,177 shares of the company’s stock valued at $919,000 after acquiring an additional 247 shares during the period. Johnson Bixby & Associates LLC grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 3.2% during the fourth quarter. Johnson Bixby & Associates LLC now owns 8,094 shares of the company’s stock worth $409,000 after acquiring an additional 254 shares during the last quarter. TD Waterhouse Canada Inc. increased its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 5.1% in the 4th quarter. TD Waterhouse Canada Inc. now owns 5,254 shares of the company’s stock worth $266,000 after acquiring an additional 254 shares during the period. Finally, Legacy Capital Group California Inc. raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 4.5% during the fourth quarter. Legacy Capital Group California Inc. now owns 6,933 shares of the company’s stock valued at $351,000 after buying an additional 301 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Trading Up 0.0%

Shares of BATS ICSH opened at $50.46 on Friday. iShares Ultra Short-Term Bond Active ETF has a 12-month low of $50.40 and a 12-month high of $50.77. The stock has a 50 day simple moving average of $50.51 and a 200-day simple moving average of $50.57.

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.