BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) Reaches New 1-Year High at $50.61

Shares of BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) reached a new 52-week high on Monday . The company traded as high as $50.61 and last traded at $50.62, with a volume of 362175 shares traded. The stock had previously closed at $50.60.

BlackRock Ultra Short-Term Bond ETF Trading Up 0.0 %

The business has a fifty day simple moving average of $50.47 and a two-hundred day simple moving average of $50.45.

BlackRock Ultra Short-Term Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a dividend of $0.2214 per share. The ex-dividend date of this dividend was Monday, July 1st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV grew its holdings in shares of BlackRock Ultra Short-Term Bond ETF by 32.0% during the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 61,417 shares of the company’s stock worth $3,103,000 after acquiring an additional 14,891 shares during the period. SOA Wealth Advisors LLC. bought a new stake in shares of BlackRock Ultra Short-Term Bond ETF in the 2nd quarter worth approximately $44,000. Hexagon Capital Partners LLC boosted its position in shares of BlackRock Ultra Short-Term Bond ETF by 25.3% in the 2nd quarter. Hexagon Capital Partners LLC now owns 15,672 shares of the company’s stock worth $792,000 after purchasing an additional 3,166 shares in the last quarter. Capital Advantage Inc. boosted its position in shares of BlackRock Ultra Short-Term Bond ETF by 19.6% in the 2nd quarter. Capital Advantage Inc. now owns 930,308 shares of the company’s stock worth $46,906,000 after purchasing an additional 152,636 shares in the last quarter. Finally, First International Bank & Trust boosted its position in shares of BlackRock Ultra Short-Term Bond ETF by 2.8% in the 2nd quarter. First International Bank & Trust now owns 123,820 shares of the company’s stock worth $6,257,000 after purchasing an additional 3,422 shares in the last quarter.

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.