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) hit a new 52-week high during trading on Monday after the company announced a dividend. The stock traded as high as $50.55 and last traded at $50.46, 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, February 6th. Investors of record on Monday, February 3rd will be issued a $0.1981 dividend. The ex-dividend date of this dividend is Monday, February 3rd.

iShares Ultra Short-Term Bond Active ETF Price Performance

The firm has a fifty day moving average of $50.51 and a 200 day moving average of $50.57.

Institutional Investors Weigh In On iShares Ultra Short-Term Bond Active ETF

A number of institutional investors have recently modified their holdings of ICSH. Accelerate Investment Advisors LLC purchased a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the 3rd quarter valued at about $349,000. Creative Planning grew its holdings in iShares Ultra Short-Term Bond Active ETF by 1.1% during the 3rd quarter. Creative Planning now owns 50,317 shares of the company’s stock valued at $2,553,000 after buying an additional 561 shares during the last quarter. Regatta Capital Group LLC boosted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 129.0% during the third quarter. Regatta Capital Group LLC now owns 11,495 shares of the company’s stock worth $583,000 after purchasing an additional 6,475 shares during the last quarter. Market Street Wealth Management Advisors LLC raised its position in shares of iShares Ultra Short-Term Bond Active ETF by 12.9% in the 3rd quarter. Market Street Wealth Management Advisors LLC now owns 10,701 shares of the company’s stock worth $543,000 after buying an additional 1,222 shares during the period. Finally, Probity Advisors Inc. purchased a new position in iShares Ultra Short-Term Bond Active ETF in the third quarter valued at about $495,000.

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.