Cornerstone Management Inc. Sells 76,616 Shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Cornerstone Management Inc. reduced its stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 93.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,398 shares of the company’s stock after selling 76,616 shares during the quarter. Cornerstone Management Inc.’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $272,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Optas LLC increased its stake in shares of iShares Ultra Short-Term Bond Active ETF by 46.0% in the fourth quarter. Optas LLC now owns 7,300 shares of the company’s stock worth $368,000 after purchasing an additional 2,300 shares in the last quarter. Resonant Capital Advisors LLC increased its stake in iShares Ultra Short-Term Bond Active ETF by 3.7% in the 4th quarter. Resonant Capital Advisors LLC now owns 207,541 shares of the company’s stock worth $10,466,000 after buying an additional 7,391 shares in the last quarter. Panoramic Investment Advisors LLC raised its holdings in iShares Ultra Short-Term Bond Active ETF by 6.5% during the fourth quarter. Panoramic Investment Advisors LLC now owns 46,793 shares of the company’s stock valued at $2,360,000 after acquiring an additional 2,865 shares during the period. CGC Financial Services LLC lifted its position in shares of iShares Ultra Short-Term Bond Active ETF by 1.9% in the fourth quarter. CGC Financial Services LLC now owns 12,980 shares of the company’s stock valued at $655,000 after acquiring an additional 246 shares in the last quarter. Finally, Round Rock Advisors LLC grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 63.0% during the fourth quarter. Round Rock Advisors LLC now owns 11,620 shares of the company’s stock worth $586,000 after purchasing an additional 4,490 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Price Performance

BATS ICSH opened at $50.47 on Tuesday. iShares Ultra Short-Term Bond Active ETF has a 12 month low of $49.98 and a 12 month high of $50.54. The stock’s 50 day moving average is $50.51 and its 200 day moving average is $50.57.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be given a dividend of $0.1981 per share. The ex-dividend date of this dividend is Monday, February 3rd.

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.