iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Sets New 12-Month High Following Dividend Announcement

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)’s stock price reached a new 52-week high on Monday following a dividend announcement from the company. The stock traded as high as $50.55 and last traded at $50.46, with a volume of 839690 shares trading hands. The stock had previously closed at $50.51.

The newly announced dividend which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.1981 per share. The ex-dividend date of this dividend is Monday, February 3rd.

iShares Ultra Short-Term Bond Active ETF Stock Performance

The firm’s 50 day simple moving average is $50.51 and its 200-day simple moving average is $50.57.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its stake in iShares Ultra Short-Term Bond Active ETF by 3.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,293,747 shares of the company’s stock worth $116,385,000 after buying an additional 80,048 shares during the last quarter. Donaldson Capital Management LLC increased its holdings in iShares Ultra Short-Term Bond Active ETF by 10.6% during the 3rd quarter. Donaldson Capital Management LLC now owns 2,201,671 shares of the company’s stock worth $111,713,000 after acquiring an additional 211,071 shares during the period. Diversified Portfolios Inc. grew its stake in iShares Ultra Short-Term Bond Active ETF by 36.1% in the 3rd quarter. Diversified Portfolios Inc. now owns 1,152,993 shares of the company’s stock worth $58,503,000 after buying an additional 305,634 shares in the last quarter. Constellation Investments Inc. purchased a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the 4th quarter valued at $57,968,000. Finally, Foster Group Inc. boosted its position in iShares Ultra Short-Term Bond Active ETF by 4.5% during the 4th quarter. Foster Group Inc. now owns 826,044 shares of the company’s stock valued at $41,657,000 after buying an additional 35,246 shares during the period.

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.