iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Hits New 1-Year High – What’s Next?

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) shares hit a new 52-week high on Tuesday . The stock traded as high as $50.55 and last traded at $50.63, with a volume of 839690 shares changing hands. The stock had previously closed at $50.51.

iShares Ultra Short-Term Bond Active ETF Trading Up 0.2 %

The company’s 50-day moving average is $50.51 and its two-hundred day moving average is $50.57.

Institutional Investors Weigh In On iShares Ultra Short-Term Bond Active ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Canandaigua National Bank & Trust Co. bought a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 3rd quarter valued at approximately $822,000. First International Bank & Trust increased its position in iShares Ultra Short-Term Bond Active ETF by 0.5% during the third quarter. First International Bank & Trust now owns 124,500 shares of the company’s stock valued at $6,317,000 after acquiring an additional 680 shares during the last quarter. Accelerate Investment Advisors LLC purchased a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the third quarter valued at $349,000. Creative Planning lifted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 1.1% in the 3rd quarter. Creative Planning now owns 50,317 shares of the company’s stock worth $2,553,000 after acquiring an additional 561 shares during the last quarter. Finally, Regatta Capital Group LLC boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 129.0% during the 3rd quarter. Regatta Capital Group LLC now owns 11,495 shares of the company’s stock worth $583,000 after purchasing an additional 6,475 shares during the period.

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.