Sugarloaf Wealth Management LLC Trims Stock Position in BlackRock Ultra Short-Term Bond ETF (BATS:ICSH)

Sugarloaf Wealth Management LLC cut its holdings in shares of BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) by 34.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,647 shares of the company’s stock after selling 2,989 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in BlackRock Ultra Short-Term Bond ETF were worth $287,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in ICSH. SOA Wealth Advisors LLC. purchased a new position in BlackRock Ultra Short-Term Bond ETF during the second quarter worth about $44,000. InterOcean Capital Group LLC acquired a new stake in BlackRock Ultra Short-Term Bond ETF during the first quarter worth about $219,000. Massmutual Trust Co. FSB ADV acquired a new stake in BlackRock Ultra Short-Term Bond ETF during the second quarter worth about $253,000. Argent Advisors Inc. increased its stake in BlackRock Ultra Short-Term Bond ETF by 9.7% during the first 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 last quarter. Finally, Hexagon Capital Partners LLC increased its stake in BlackRock Ultra Short-Term Bond ETF by 25.3% during the second quarter. Hexagon Capital Partners LLC now owns 15,672 shares of the company’s stock worth $792,000 after acquiring an additional 3,166 shares during the last quarter.

BlackRock Ultra Short-Term Bond ETF Stock Performance

BATS:ICSH traded down $0.02 on Tuesday, hitting $50.53. 670,902 shares of the stock were exchanged. The stock has a fifty day moving average of $50.62 and a 200-day moving average of $50.51. BlackRock Ultra Short-Term Bond ETF has a fifty-two week low of $49.98 and a fifty-two week high of $50.54.

BlackRock Ultra Short-Term Bond ETF Increases Dividend

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

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.