Sequoia Financial Advisors LLC Lowers Stock Position in iShares Ultra Short-Term Bond Active ETF $ICSH

Sequoia Financial Advisors LLC reduced its position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 9.9% in the first quarter, Holdings Channel.com reports. The fund owned 99,645 shares of the company’s stock after selling 10,995 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $5,044,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of ICSH. Bank of America Corp DE boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 13.5% during the 3rd quarter. Bank of America Corp DE now owns 4,532,294 shares of the company’s stock worth $230,014,000 after acquiring an additional 538,131 shares during the last quarter. Foster Dykema Cabot & Partners LLC increased its stake in shares of iShares Ultra Short-Term Bond Active ETF by 84.7% in the 4th quarter. Foster Dykema Cabot & Partners LLC now owns 4,025,851 shares of the company’s stock worth $203,628,000 after purchasing an additional 1,846,242 shares in the last quarter. UBS Group AG raised its holdings in 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 purchasing an additional 251,028 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in 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 purchasing an additional 177,744 shares during the period. Finally, LPL Financial LLC lifted its position in iShares Ultra Short-Term Bond Active ETF by 16.1% during the fourth quarter. LPL Financial LLC now owns 2,887,396 shares of the company’s stock valued at $146,044,000 after purchasing an additional 400,009 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

BATS ICSH opened at $50.45 on Monday. iShares Ultra Short-Term Bond Active ETF has a 12 month low of $50.40 and a 12 month high of $50.77. The company’s 50 day moving average is $50.51 and its two-hundred day moving average is $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.