BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) Reaches New 52-Week High at $50.65

BlackRock Ultra Short-Term Bond ETF (BATS:ICSH)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $50.65 and last traded at $50.66, with a volume of 1509566 shares. The stock had previously closed at $50.64.

BlackRock Ultra Short-Term Bond ETF Stock Down 0.0 %

The company has a fifty day moving average of $50.58 and a 200 day moving average of $50.49.

BlackRock Ultra Short-Term Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.2233 dividend. This is a positive change from BlackRock Ultra Short-Term Bond ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 3rd.

Hedge Funds Weigh In On BlackRock Ultra Short-Term Bond ETF

A number of hedge funds have recently bought and sold shares of ICSH. Capital Advantage Inc. grew its holdings in BlackRock Ultra Short-Term Bond ETF by 19.6% during the 2nd quarter. Capital Advantage Inc. now owns 930,308 shares of the company’s stock worth $46,906,000 after acquiring an additional 152,636 shares during the period. 49 Wealth Management LLC grew its stake in BlackRock Ultra Short-Term Bond ETF by 4.9% during the first quarter. 49 Wealth Management LLC now owns 377,155 shares of the company’s stock worth $18,982,000 after purchasing an additional 17,495 shares during the period. Parallel Advisors LLC increased its holdings in BlackRock Ultra Short-Term Bond ETF by 14.5% in the fourth quarter. Parallel Advisors LLC now owns 177,274 shares of the company’s stock worth $8,928,000 after purchasing an additional 22,503 shares in the last quarter. First International Bank & Trust increased its holdings in BlackRock Ultra Short-Term Bond ETF by 2.8% in the second quarter. First International Bank & Trust now owns 123,820 shares of the company’s stock worth $6,257,000 after purchasing an additional 3,422 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in BlackRock Ultra Short-Term Bond ETF by 360.8% in the first quarter. Janney Montgomery Scott LLC now owns 96,786 shares of the company’s stock valued at $4,894,000 after buying an additional 75,784 shares during the period.

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.