BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) Sets New 12-Month High – What’s Next?

Shares of BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) reached a new 52-week high on Tuesday . The company traded as high as $50.55 and last traded at $50.55, with a volume of 591406 shares trading hands. The stock had previously closed at $50.53.

BlackRock Ultra Short-Term Bond ETF Price Performance

The business’s 50-day moving average is $50.62 and its two-hundred day moving average is $50.51.

BlackRock Ultra Short-Term Bond ETF Increases Dividend

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

Institutional Trading of BlackRock Ultra Short-Term Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. First International Bank & Trust grew its stake in shares of BlackRock Ultra Short-Term Bond ETF by 0.5% in the third quarter. First International Bank & Trust now owns 124,500 shares of the company’s stock valued at $6,317,000 after buying an additional 680 shares in the last quarter. Canandaigua National Bank & Trust Co. bought a new position in BlackRock Ultra Short-Term Bond ETF during the third quarter worth $822,000. Argent Advisors Inc. boosted its position in BlackRock Ultra Short-Term Bond ETF by 11.3% during the second quarter. Argent Advisors Inc. now owns 5,893 shares of the company’s stock worth $298,000 after purchasing an additional 597 shares during the period. Nations Financial Group Inc. IA ADV boosted its position in BlackRock Ultra Short-Term Bond ETF by 32.0% during the second quarter. Nations Financial Group Inc. IA ADV now owns 61,417 shares of the company’s stock worth $3,103,000 after purchasing an additional 14,891 shares during the period. Finally, SOA Wealth Advisors LLC. bought a new position in BlackRock Ultra Short-Term Bond ETF during the second quarter worth $44,000.

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.