BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) Hits New 12-Month High After Dividend Announcement

BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) hit a new 52-week high on Friday after the company announced a dividend. The stock traded as high as $50.55 and last traded at $50.54, with a volume of 662716 shares changing hands. The stock had previously closed at $50.52.

The newly announced dividend which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be issued a dividend of $0.2214 per share. The ex-dividend date of this dividend is Monday, July 1st.

BlackRock Ultra Short-Term Bond ETF Stock Performance

The business’s fifty day moving average price is $50.45 and its two-hundred day moving average price is $50.43.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Turtle Creek Wealth Advisors LLC bought a new position in BlackRock Ultra Short-Term Bond ETF in the 4th quarter worth $42,000. Stonebridge Capital Advisors LLC raised its holdings in BlackRock Ultra Short-Term Bond ETF by 93.4% in the 3rd quarter. Stonebridge Capital Advisors LLC now owns 2,000 shares of the company’s stock worth $101,000 after acquiring an additional 966 shares during the period. InterOcean Capital Group LLC bought a new position in BlackRock Ultra Short-Term Bond ETF in the 1st quarter worth $219,000. Madison Park Capital Advisors LLC bought a new position in BlackRock Ultra Short-Term Bond ETF in the 4th quarter worth $238,000. Finally, Argent Advisors Inc. raised its holdings in BlackRock Ultra Short-Term Bond ETF by 9.7% in the 1st quarter. Argent Advisors Inc. now owns 5,296 shares of the company’s stock worth $268,000 after acquiring an additional 467 shares during the period.

BlackRock Ultra Short-Term Bond 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.