iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) is Avestar Capital LLC’s 9th Largest Position

Avestar Capital LLC trimmed its position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 4.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 345,373 shares of the company’s stock after selling 16,906 shares during the quarter. iShares Ultra Short-Term Bond Active ETF accounts for approximately 1.8% of Avestar Capital LLC’s portfolio, making the stock its 9th largest holding. Avestar Capital LLC’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $17,524,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ICSH. Diversified Portfolios Inc. boosted its position in shares of iShares Ultra Short-Term Bond Active ETF by 36.1% in the third quarter. Diversified Portfolios Inc. now owns 1,152,993 shares of the company’s stock worth $58,503,000 after buying an additional 305,634 shares during the period. Valtinson Bruner Financial Planning LLC purchased a new position in iShares Ultra Short-Term Bond Active ETF in the 3rd quarter worth approximately $10,953,000. Donaldson Capital Management LLC boosted its holdings in iShares Ultra Short-Term Bond Active ETF by 10.6% in the 3rd quarter. Donaldson Capital Management LLC now owns 2,201,671 shares of the company’s stock worth $111,713,000 after acquiring an additional 211,071 shares during the period. Transcendent Capital Group LLC grew its position in iShares Ultra Short-Term Bond Active ETF by 22,626.3% in the third quarter. Transcendent Capital Group LLC now owns 179,992 shares of the company’s stock valued at $9,133,000 after acquiring an additional 179,200 shares in the last quarter. Finally, Capital Advantage Inc. raised its stake in shares of iShares Ultra Short-Term Bond Active ETF by 19.6% during the second quarter. Capital Advantage Inc. now owns 930,308 shares of the company’s stock valued at $46,906,000 after purchasing an additional 152,636 shares during the period.

iShares Ultra Short-Term Bond Active ETF Price Performance

BATS ICSH opened at $50.62 on Tuesday. The company’s fifty day simple moving average is $50.60 and its 200-day simple moving average is $50.54. iShares Ultra Short-Term Bond Active ETF has a 52 week low of $49.98 and a 52 week high of $50.54.

iShares Ultra Short-Term Bond Active ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.2233 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from iShares Ultra Short-Term Bond Active ETF’s previous dividend of $0.22.

iShares Ultra Short-Term Bond Active ETF Company Profile

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.