Riggs Capital Management LLC Makes New $1.03 Million Investment in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Riggs Capital Management LLC purchased a new stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) during the fourth quarter, Holdings Channel reports. The fund purchased 20,455 shares of the company’s stock, valued at approximately $1,032,000.

Several other large investors have also recently made changes to their positions in the stock. Providence First Trust Co purchased a new stake in iShares Ultra Short-Term Bond Active ETF in the fourth quarter valued at approximately $27,000. M Holdings Securities Inc. purchased a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the 4th quarter valued at $29,000. Hoese & Co LLP purchased a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the 4th quarter valued at $43,000. Physician Wealth Advisors Inc. acquired a new position in iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth about $50,000. Finally, Private Trust Co. NA boosted its holdings in iShares Ultra Short-Term Bond Active ETF by 21.5% during the 4th quarter. Private Trust Co. NA now owns 1,302 shares of the company’s stock valued at $66,000 after acquiring an additional 230 shares during the period.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.3 %

Shares of ICSH opened at $50.67 on Monday. iShares Ultra Short-Term Bond Active ETF has a fifty-two week low of $50.29 and a fifty-two week high of $50.77. The firm’s 50 day moving average price is $50.58 and its 200 day moving average price is $50.56.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1797 per share. The ex-dividend date of this dividend was Monday, March 3rd.

iShares Ultra Short-Term Bond Active ETF 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.