Sowell Financial Services LLC Buys 20,417 Shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Sowell Financial Services LLC boosted its stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 24.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 102,800 shares of the company’s stock after purchasing an additional 20,417 shares during the period. Sowell Financial Services LLC’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $5,184,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ICSH. Proficio Capital Partners LLC boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 4,423.0% during the 4th quarter. Proficio Capital Partners LLC now owns 2,480,416 shares of the company’s stock worth $125,087,000 after acquiring an additional 2,425,576 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth $75,020,000. Constellation Investments Inc. purchased a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth $57,968,000. Diversified Portfolios Inc. boosted its stake in shares of iShares Ultra Short-Term Bond Active ETF by 36.1% during the 3rd quarter. Diversified Portfolios Inc. now owns 1,152,993 shares of the company’s stock worth $58,503,000 after acquiring an additional 305,634 shares during the last quarter. Finally, Valtinson Bruner Financial Planning LLC purchased a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 3rd quarter worth $10,953,000.

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

Shares of iShares Ultra Short-Term Bond Active ETF stock opened at $50.55 on Friday. The company’s fifty day simple moving average is $50.54 and its 200-day simple moving average is $50.57. iShares Ultra Short-Term Bond Active ETF has a 1-year low of $50.29 and a 1-year high of $50.77.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1797 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares Ultra Short-Term Bond Active 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.