HB Wealth Management LLC Makes New $4.37 Million Investment in iShares Ultra Short-Term Bond Active ETF $ICSH

HB Wealth Management LLC purchased a new stake in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 86,376 shares of the company’s stock, valued at approximately $4,369,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. TD Capital Management LLC increased its position in iShares Ultra Short-Term Bond Active ETF by 2,595.0% in the 4th quarter. TD Capital Management LLC now owns 539 shares of the company’s stock valued at $27,000 after acquiring an additional 519 shares during the period. Triumph Capital Management acquired a new position in iShares Ultra Short-Term Bond Active ETF during the 3rd quarter worth $28,000. Mcguire Capital Advisors Inc. bought a new position in shares of iShares Ultra Short-Term Bond Active ETF in the fourth quarter worth $34,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of iShares Ultra Short-Term Bond Active ETF during the fourth quarter valued at $40,000. Finally, Kingdom Financial Group LLC. bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the fourth quarter valued at about $46,000.

iShares Ultra Short-Term Bond Active ETF Price Performance

ICSH stock opened at $50.42 on Tuesday. The company has a 50-day simple moving average of $50.49 and a 200 day simple moving average of $50.53. iShares Ultra Short-Term Bond Active ETF has a fifty-two week low of $50.38 and a fifty-two 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.