Alpha Zero LLC Takes $1.24 Million Position in iShares Ultra Short-Term Bond Active ETF $ICSH

Alpha Zero LLC purchased a new position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) in the first quarter, Holdings Channel.com reports. The firm purchased 24,585 shares of the company’s stock, valued at approximately $1,244,000. iShares Ultra Short-Term Bond Active ETF comprises 0.6% of Alpha Zero LLC’s investment portfolio, making the stock its 29th largest position.

Several other hedge funds have also recently made changes to their positions in the stock. Guidance Capital Inc. boosted its position in shares of iShares Ultra Short-Term Bond Active ETF by 13.6% during the fourth quarter. Guidance Capital Inc. now owns 208,358 shares of the company’s stock worth $10,557,000 after acquiring an additional 24,967 shares during the last quarter. J.W. Cole Advisors Inc. increased its holdings in iShares Ultra Short-Term Bond Active ETF by 7.1% in the 4th quarter. J.W. Cole Advisors Inc. now owns 354,460 shares of the company’s stock valued at $17,929,000 after acquiring an additional 23,374 shares during the last quarter. Guyasuta Investment Advisors Inc. bought a new stake in iShares Ultra Short-Term Bond Active ETF in the 1st quarter valued at $3,600,000. Snider Financial Group lifted its stake in iShares Ultra Short-Term Bond Active ETF by 27.4% in the 4th quarter. Snider Financial Group now owns 204,604 shares of the company’s stock worth $10,349,000 after purchasing an additional 43,993 shares in the last quarter. Finally, CWM LLC lifted its stake in iShares Ultra Short-Term Bond Active ETF by 17.5% in the 4th quarter. CWM LLC now owns 439,455 shares of the company’s stock worth $22,228,000 after purchasing an additional 65,294 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Price Performance

ICSH opened at $50.52 on Tuesday. The firm has a 50-day simple moving average of $50.50 and a two-hundred day simple moving average of $50.57. iShares Ultra Short-Term Bond Active ETF has a 52 week low of $50.40 and a 52 week 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.