Apollon Wealth Management LLC Takes $2.33 Million Position in iShares Ultra Short-Term Bond Active ETF $ICSH

Apollon Wealth Management LLC bought a new position in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) in the first quarter, Holdings Channel reports. The firm bought 45,954 shares of the company’s stock, valued at approximately $2,326,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Temasek Holdings Private Ltd purchased a new position in iShares Ultra Short-Term Bond Active ETF in the third quarter valued at approximately $100,178,000. Foster Dykema Cabot & Partners LLC grew its stake in iShares Ultra Short-Term Bond Active ETF by 84.7% during the fourth quarter. Foster Dykema Cabot & Partners LLC now owns 4,025,851 shares of the company’s stock worth $203,628,000 after buying an additional 1,846,242 shares during the period. Prosperity Consulting Group LLC purchased a new stake in iShares Ultra Short-Term Bond Active ETF during the third quarter worth approximately $32,752,000. Capital Advantage Inc. increased its position in shares of iShares Ultra Short-Term Bond Active ETF by 737.4% in the fourth quarter. Capital Advantage Inc. now owns 718,302 shares of the company’s stock worth $36,332,000 after acquiring an additional 632,528 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of iShares Ultra Short-Term Bond Active ETF by 16.4% in the second 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 in the last quarter.

iShares Ultra Short-Term Bond Active ETF Price Performance

Shares of ICSH stock opened at $50.58 on Wednesday. The company’s fifty day simple moving average is $50.53 and its 200-day simple moving average is $50.58. iShares Ultra Short-Term Bond Active ETF has a 52 week low of $50.43 and a 52 week high of $50.77.

About iShares Ultra Short-Term Bond Active ETF

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.