iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Reaches New 12-Month High – Still a Buy?

iShares Ultra Short-Term Bond Active ETF (BATS:ICSHGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $50.55 and last traded at $50.58, with a volume of 839690 shares traded. The stock had previously closed at $50.51.

iShares Ultra Short-Term Bond Active ETF Price Performance

The stock has a fifty day moving average price of $50.50 and a 200 day moving average price of $50.56.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Koshinski Asset Management Inc. lifted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 2.5% in the fourth quarter. Koshinski Asset Management Inc. now owns 8,332 shares of the company’s stock worth $420,000 after buying an additional 203 shares in the last quarter. Cannon Financial Strategists Inc. lifted its stake in iShares Ultra Short-Term Bond Active ETF by 0.9% in the 3rd quarter. Cannon Financial Strategists Inc. now owns 28,411 shares of the company’s stock worth $1,442,000 after purchasing an additional 257 shares in the last quarter. Market Street Wealth Management Advisors LLC lifted its stake in iShares Ultra Short-Term Bond Active ETF by 2.5% in the 4th quarter. Market Street Wealth Management Advisors LLC now owns 10,973 shares of the company’s stock worth $553,000 after purchasing an additional 272 shares in the last quarter. Harbour Investments Inc. grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 4.0% during the 3rd quarter. Harbour Investments Inc. now owns 7,554 shares of the company’s stock valued at $383,000 after purchasing an additional 291 shares in the last quarter. Finally, Rosenberg Matthew Hamilton grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 159.0% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 650 shares of the company’s stock valued at $33,000 after purchasing an additional 399 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Company Profile

(Get Free Report)

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.

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