Raymond James Financial Inc. Purchases New Position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Raymond James Financial Inc. bought a new position in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) during the fourth quarter, Holdings Channel.com reports. The firm bought 1,487,614 shares of the company’s stock, valued at approximately $75,020,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. grew its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 48.7% during the 3rd quarter. Assetmark Inc. now owns 2,210 shares of the company’s stock worth $112,000 after acquiring an additional 724 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 34.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 140,795 shares of the company’s stock worth $7,100,000 after acquiring an additional 35,949 shares during the period. Advisors Asset Management Inc. grew its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 5.7% during the 3rd quarter. Advisors Asset Management Inc. now owns 8,869 shares of the company’s stock worth $450,000 after acquiring an additional 480 shares during the period. Sanctuary Advisors LLC grew its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 13.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 20,567 shares of the company’s stock worth $1,040,000 after acquiring an additional 2,465 shares during the period. Finally, Shepherd Financial Partners LLC grew its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 23.6% during the 4th quarter. Shepherd Financial Partners LLC now owns 23,567 shares of the company’s stock worth $1,188,000 after acquiring an additional 4,503 shares during the period.

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

ICSH stock opened at $50.55 on Monday. 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 business’s 50 day moving average price is $50.54 and its two-hundred day moving average price is $50.57.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

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

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.