iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Hits New 52-Week High Following Dividend Announcement

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

The newly announced dividend which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a dividend of $0.1797 per share. The ex-dividend date of this dividend is Monday, March 3rd.

iShares Ultra Short-Term Bond Active ETF Price Performance

The stock has a 50-day moving average of $50.53 and a two-hundred day moving average of $50.57.

Hedge Funds Weigh In On iShares Ultra Short-Term Bond Active ETF

Several large investors have recently added to or reduced their stakes in the business. Proficio Capital Partners LLC lifted its position 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 buying an additional 2,425,576 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth approximately $75,020,000. Foster Dykema Cabot & Partners LLC lifted its position in shares of iShares Ultra Short-Term Bond Active ETF by 161.4% during the 4th quarter. Foster Dykema Cabot & Partners LLC now owns 2,180,482 shares of the company’s stock worth $109,962,000 after buying an additional 1,346,255 shares in the last quarter. Constellation Investments Inc. bought a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth approximately $57,968,000. Finally, Iron Gate Global Advisors LLC lifted its position in shares of iShares Ultra Short-Term Bond Active ETF by 9,125.7% during the 4th quarter. Iron Gate Global Advisors LLC now owns 586,476 shares of the company’s stock worth $29,576,000 after buying an additional 580,119 shares in the last quarter.

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.