Able Wealth Management LLC Has $1.96 Million Stock Position in iShares Ultra Short-Term Bond Active ETF $ICSH

Able Wealth Management LLC increased its stake in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 76.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 38,714 shares of the company’s stock after acquiring an additional 16,758 shares during the period. iShares Ultra Short-Term Bond Active ETF accounts for 1.0% of Able Wealth Management LLC’s holdings, making the stock its 27th largest position. Able Wealth Management LLC’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $1,963,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Snider Financial Group raised its stake in iShares Ultra Short-Term Bond Active ETF by 0.9% during the second quarter. Snider Financial Group now owns 159,612 shares of the company’s stock worth $8,094,000 after acquiring an additional 1,401 shares in the last quarter. Sigma Planning Corp raised its stake in iShares Ultra Short-Term Bond Active ETF by 31.7% during the second quarter. Sigma Planning Corp now owns 62,337 shares of the company’s stock worth $3,161,000 after acquiring an additional 15,014 shares in the last quarter. Roble Belko & Company Inc grew its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 7.7% in the 2nd quarter. Roble Belko & Company Inc now owns 372,968 shares of the company’s stock worth $18,913,000 after purchasing an additional 26,637 shares during the last quarter. REDW Wealth LLC grew its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 8.3% in the 2nd quarter. REDW Wealth LLC now owns 10,529 shares of the company’s stock worth $534,000 after purchasing an additional 808 shares during the last quarter. Finally, Impact Partnership Wealth LLC bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the 2nd quarter worth about $606,000.

iShares Ultra Short-Term Bond Active ETF Stock Performance

BATS:ICSH opened at $50.58 on Thursday. iShares Ultra Short-Term Bond Active ETF has a 12 month low of $50.33 and a 12 month high of $50.77. The company’s 50-day moving average price is $50.67 and its two-hundred day moving average price is $50.62.

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.