BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) Stock Holdings Lessened by Hexagon Capital Partners LLC

Hexagon Capital Partners LLC trimmed its stake in BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) by 5.8% in the first quarter, Holdings Channel.com reports. The firm owned 12,506 shares of the company’s stock after selling 769 shares during the quarter. Hexagon Capital Partners LLC’s holdings in BlackRock Ultra Short-Term Bond ETF were worth $632,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of BlackRock Ultra Short-Term Bond ETF in the fourth quarter worth approximately $42,000. Stonebridge Capital Advisors LLC lifted its position in shares of BlackRock Ultra Short-Term Bond ETF by 93.4% in the third quarter. Stonebridge Capital Advisors LLC now owns 2,000 shares of the company’s stock worth $101,000 after purchasing an additional 966 shares in the last quarter. Madison Park Capital Advisors LLC purchased a new stake in shares of BlackRock Ultra Short-Term Bond ETF in the fourth quarter worth approximately $238,000. YHB Investment Advisors Inc. purchased a new stake in shares of BlackRock Ultra Short-Term Bond ETF in the fourth quarter worth approximately $360,000. Finally, Pinnacle Wealth Management Advisory Group LLC purchased a new stake in shares of BlackRock Ultra Short-Term Bond ETF in the fourth quarter worth approximately $366,000.

BlackRock Ultra Short-Term Bond ETF Price Performance

Shares of BATS ICSH traded down $0.22 during mid-day trading on Monday, reaching $50.32. The company had a trading volume of 953,106 shares. The stock has a fifty day moving average of $50.44 and a two-hundred day moving average of $50.43. BlackRock Ultra Short-Term Bond ETF has a 12-month low of $49.98 and a 12-month high of $50.54.

BlackRock Ultra Short-Term Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be given a dividend of $0.2214 per share. The ex-dividend date of this dividend is Monday, July 1st.

About BlackRock Ultra Short-Term Bond 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.