Avestar Capital LLC Has $15.86 Million Stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Avestar Capital LLC decreased its position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 8.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 314,483 shares of the company’s stock after selling 30,890 shares during the period. iShares Ultra Short-Term Bond Active ETF makes up approximately 1.3% of Avestar Capital LLC’s holdings, making the stock its 12th biggest position. Avestar Capital LLC’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $15,859,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Koshinski Asset Management Inc. raised its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 2.5% during the fourth quarter. Koshinski Asset Management Inc. now owns 8,332 shares of the company’s stock valued at $420,000 after purchasing an additional 203 shares during the period. Schmidt P J Investment Management Inc. increased its position in shares of iShares Ultra Short-Term Bond Active ETF by 2.5% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 10,063 shares of the company’s stock worth $507,000 after acquiring an additional 241 shares in the last quarter. CGC Financial Services LLC increased its position in shares of iShares Ultra Short-Term Bond Active ETF by 1.9% during the fourth quarter. CGC Financial Services LLC now owns 12,980 shares of the company’s stock worth $655,000 after acquiring an additional 246 shares in the last quarter. Cannon Financial Strategists Inc. increased its position in shares of iShares Ultra Short-Term Bond Active ETF by 0.9% during the third quarter. Cannon Financial Strategists Inc. now owns 28,411 shares of the company’s stock worth $1,442,000 after acquiring an additional 257 shares in the last quarter. Finally, Market Street Wealth Management Advisors LLC increased its position in shares of iShares Ultra Short-Term Bond Active ETF by 2.5% during the fourth quarter. Market Street Wealth Management Advisors LLC now owns 10,973 shares of the company’s stock worth $553,000 after acquiring an additional 272 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Price Performance

BATS:ICSH opened at $50.53 on Thursday. The firm has a 50-day moving average of $50.50 and a 200-day moving average of $50.56. iShares Ultra Short-Term Bond Active ETF has a one year low of $49.98 and a one year high of $50.54.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.1981 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

About iShares Ultra Short-Term Bond Active 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.