iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Hits New 12-Month High – Should You Buy?

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $50.55 and last traded at $50.58, with a volume of 839690 shares. The stock had previously closed at $50.51.

iShares Ultra Short-Term Bond Active ETF Trading Up 0.1 %

The business has a fifty day simple moving average of $50.51 and a 200 day simple moving average of $50.56.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares Ultra Short-Term Bond Active ETF by 3.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,293,747 shares of the company’s stock worth $116,385,000 after buying an additional 80,048 shares during the last quarter. Donaldson Capital Management LLC raised its position in shares of iShares Ultra Short-Term Bond Active ETF by 10.6% during the 3rd quarter. Donaldson Capital Management LLC now owns 2,201,671 shares of the company’s stock worth $111,713,000 after purchasing an additional 211,071 shares during the period. Diversified Portfolios Inc. raised its position in shares of iShares Ultra Short-Term Bond Active ETF by 36.1% during the 3rd quarter. Diversified Portfolios Inc. now owns 1,152,993 shares of the company’s stock worth $58,503,000 after purchasing an additional 305,634 shares during the period. Foster Group Inc. raised its position in shares of iShares Ultra Short-Term Bond Active ETF by 4.5% during the 4th quarter. Foster Group Inc. now owns 826,044 shares of the company’s stock worth $41,657,000 after purchasing an additional 35,246 shares during the period. Finally, MML Investors Services LLC raised its position in shares of iShares Ultra Short-Term Bond Active ETF by 33.7% during the 3rd quarter. MML Investors Services LLC now owns 468,786 shares of the company’s stock worth $23,786,000 after purchasing an additional 118,188 shares during the period.

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.