Snider Financial Group Sells 2,606 Shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Snider Financial Group reduced its stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 2.1% during the 4th quarter, Holdings Channel reports. The fund owned 121,916 shares of the company’s stock after selling 2,606 shares during the period. iShares Ultra Short-Term Bond Active ETF makes up about 1.9% of Snider Financial Group’s investment portfolio, making the stock its 15th largest position. Snider Financial Group’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $6,148,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Koshinski Asset Management Inc. increased its position in iShares Ultra Short-Term Bond Active ETF by 2.5% during the fourth quarter. Koshinski Asset Management Inc. now owns 8,332 shares of the company’s stock worth $420,000 after acquiring an additional 203 shares during the period. Private Trust Co. NA increased its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 21.5% during the fourth quarter. Private Trust Co. NA now owns 1,302 shares of the company’s stock worth $66,000 after purchasing an additional 230 shares during the period. Schmidt P J Investment Management Inc. raised its position in shares of iShares Ultra Short-Term Bond Active ETF by 2.5% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 10,063 shares of the company’s stock valued at $507,000 after buying an additional 241 shares in the last quarter. CGC Financial Services LLC boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 1.9% in the fourth quarter. CGC Financial Services LLC now owns 12,980 shares of the company’s stock valued at $655,000 after buying an additional 246 shares during the period. Finally, Cannon Financial Strategists Inc. grew its position in iShares Ultra Short-Term Bond Active ETF by 0.9% during the fourth quarter. Cannon Financial Strategists Inc. now owns 28,679 shares of the company’s stock worth $1,446,000 after buying an additional 268 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

iShares Ultra Short-Term Bond Active ETF stock opened at $50.53 on Wednesday. The stock’s fifty day moving average price is $50.53 and its two-hundred day moving average price is $50.57. iShares Ultra Short-Term Bond Active ETF has a one year low of $50.29 and a one year high of $50.77.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be given a dividend of $0.1797 per share. The ex-dividend date is Monday, March 3rd.

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.