Sovereign Financial Group Inc. Takes Position in iShares Ultra Short-Term Bond Active ETF $ICSH

Sovereign Financial Group Inc. bought a new stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 15,230 shares of the company’s stock, valued at approximately $771,000.

Other large investors have also recently made changes to their positions in the company. Temasek Holdings Private Ltd acquired a new position in iShares Ultra Short-Term Bond Active ETF during the third quarter worth approximately $100,178,000. Foster Dykema Cabot & Partners LLC boosted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 84.7% in the fourth quarter. Foster Dykema Cabot & Partners LLC now owns 4,025,851 shares of the company’s stock valued at $203,628,000 after acquiring an additional 1,846,242 shares during the period. Prosperity Consulting Group LLC purchased a new position in shares of iShares Ultra Short-Term Bond Active ETF during the third quarter worth approximately $32,752,000. Capital Advantage Inc. grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 737.4% during 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 during the last quarter. Finally, Bank of America Corp DE increased its holdings 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 valued at $202,544,000 after acquiring an additional 561,690 shares during the period.

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

ICSH stock opened at $50.49 on Tuesday. The company has a fifty day moving average price of $50.53 and a 200 day moving average price of $50.58. iShares Ultra Short-Term Bond Active ETF has a 12 month low of $50.43 and a 12 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.