iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Reaches New 12-Month High – What’s Next?

iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) shares hit a new 52-week high on Tuesday . The stock traded as high as $50.54 and last traded at $50.53, with a volume of 1331347 shares trading hands. The stock had previously closed at $50.52.

iShares Ultra Short-Term Bond Active ETF Price Performance

The company’s 50-day moving average price is $50.57 and its two-hundred day moving average price is $50.55.

Hedge Funds Weigh In On iShares Ultra Short-Term Bond Active ETF

Large investors have recently modified their holdings of the stock. Rosenberg Matthew Hamilton grew its stake in shares of iShares Ultra Short-Term Bond Active ETF by 159.0% in the third quarter. Rosenberg Matthew Hamilton now owns 650 shares of the company’s stock valued at $33,000 after acquiring an additional 399 shares in the last quarter. SOA Wealth Advisors LLC. acquired a new stake in iShares Ultra Short-Term Bond Active ETF during the second quarter worth about $44,000. Western Pacific Wealth Management LP acquired a new stake in iShares Ultra Short-Term Bond Active ETF during the third quarter worth about $51,000. Castleview Partners LLC acquired a new stake in iShares Ultra Short-Term Bond Active ETF during the third quarter worth about $86,000. Finally, Assetmark Inc. grew its stake in iShares Ultra Short-Term Bond Active ETF by 48.7% during the third quarter. Assetmark Inc. now owns 2,210 shares of the company’s stock worth $112,000 after buying an additional 724 shares in the last quarter.

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.