Hexagon Capital Partners LLC Decreases Stock Holdings in BlackRock Ultra Short-Term Bond ETF (BATS:ICSH)

Hexagon Capital Partners LLC lowered its holdings in shares of BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) by 5.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,506 shares of the company’s stock after selling 769 shares during the period. Hexagon Capital Partners LLC’s holdings in BlackRock Ultra Short-Term Bond ETF were worth $632,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Baystate Wealth Management LLC raised its position in BlackRock Ultra Short-Term Bond ETF by 2.8% during the fourth quarter. Baystate Wealth Management LLC now owns 1,159,142 shares of the company’s stock worth $58,374,000 after acquiring an additional 31,609 shares during the last quarter. Diversified Portfolios Inc. raised its position in BlackRock Ultra Short-Term Bond ETF by 31.9% during the fourth quarter. Diversified Portfolios Inc. now owns 837,621 shares of the company’s stock worth $42,183,000 after acquiring an additional 202,534 shares during the last quarter. Parallel Advisors LLC raised its position in BlackRock Ultra Short-Term Bond ETF by 14.5% during the fourth quarter. Parallel Advisors LLC now owns 177,274 shares of the company’s stock worth $8,928,000 after acquiring an additional 22,503 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in BlackRock Ultra Short-Term Bond ETF during the third quarter worth about $6,573,000. Finally, Brookstone Capital Management raised its position in BlackRock Ultra Short-Term Bond ETF by 2.5% during the fourth quarter. Brookstone Capital Management now owns 70,151 shares of the company’s stock worth $3,533,000 after acquiring an additional 1,693 shares during the last quarter.

BlackRock Ultra Short-Term Bond ETF Stock Performance

ICSH traded down $0.22 during midday trading on Monday, reaching $50.32. 953,106 shares of the company’s stock were exchanged. The business’s 50-day moving average price is $50.44 and its 200 day moving average price is $50.43. BlackRock Ultra Short-Term Bond ETF has a 1-year low of $49.98 and a 1-year high of $50.54.

BlackRock Ultra Short-Term Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be given a $0.2214 dividend. The ex-dividend date of this dividend is Monday, July 1st.

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.