Michels Family Financial LLC Acquires New Shares in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Michels Family Financial LLC acquired a new stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 49,961 shares of the company’s stock, valued at approximately $2,520,000. iShares Ultra Short-Term Bond Active ETF accounts for about 2.3% of Michels Family Financial LLC’s holdings, making the stock its 8th largest position.

A number of other large investors also recently bought and sold shares of the stock. Janney Montgomery Scott LLC grew its stake in shares of iShares Ultra Short-Term Bond Active ETF by 34.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 140,795 shares of the company’s stock valued at $7,100,000 after buying an additional 35,949 shares in the last quarter. Clune & Associates LTD. acquired a new position in iShares Ultra Short-Term Bond Active ETF in the 4th quarter valued at about $745,000. Wells Fargo & Company MN increased its stake in iShares Ultra Short-Term Bond Active ETF by 1,145.6% during the fourth quarter. Wells Fargo & Company MN now owns 3,002 shares of the company’s stock worth $151,000 after purchasing an additional 2,761 shares during the period. Clearwater Capital Advisors LLC acquired a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the fourth quarter worth about $486,000. Finally, Shepherd Financial Partners LLC boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 23.6% in the fourth quarter. Shepherd Financial Partners LLC now owns 23,567 shares of the company’s stock valued at $1,188,000 after purchasing an additional 4,503 shares during the period.

iShares Ultra Short-Term Bond Active ETF Stock Performance

Shares of ICSH stock opened at $50.62 on Friday. iShares Ultra Short-Term Bond Active ETF has a fifty-two week low of $50.29 and a fifty-two week high of $50.77. The company has a 50 day moving average price of $50.56 and a 200 day moving average price of $50.54.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1797 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.