iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Hits New 12-Month High After Dividend Announcement

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)’s share price hit a new 52-week high on Monday after the company announced a dividend. The stock traded as high as $50.55 and last traded at $50.46, with a volume of 839690 shares. The stock had previously closed at $50.51.

The newly announced dividend which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.1981 per share. The ex-dividend date of this dividend is Monday, February 3rd.

iShares Ultra Short-Term Bond Active ETF Trading Down 0.1 %

The stock’s 50-day moving average price is $50.51 and its 200 day moving average price is $50.57.

Institutional Trading of iShares Ultra Short-Term Bond Active ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ICSH. Rosenberg Matthew Hamilton grew its stake in shares of iShares Ultra Short-Term Bond Active ETF by 159.0% during the third quarter. Rosenberg Matthew Hamilton now owns 650 shares of the company’s stock valued at $33,000 after purchasing an additional 399 shares during the last quarter. Hoese & Co LLP acquired a new position in iShares Ultra Short-Term Bond Active ETF in the fourth quarter valued at approximately $43,000. Western Pacific Wealth Management LP acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the third quarter worth $51,000. WASHINGTON TRUST Co raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 50.0% during the fourth quarter. WASHINGTON TRUST Co now owns 1,500 shares of the company’s stock worth $76,000 after acquiring an additional 500 shares during the period. Finally, Castleview Partners LLC acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the third quarter worth $86,000.

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.