iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) Position Lessened by Farrow Financial Inc.

Farrow Financial Inc. reduced its position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 4.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 110,256 shares of the company’s stock after selling 4,697 shares during the period. iShares Ultra Short-Term Bond Active ETF comprises approximately 3.5% of Farrow Financial Inc.’s holdings, making the stock its 6th biggest holding. Farrow Financial Inc.’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $5,594,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ICSH. True Link Financial Advisors LLC acquired a new position in shares of iShares Ultra Short-Term Bond Active ETF during the 1st quarter valued at about $2,071,000. Janney Montgomery Scott LLC boosted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 360.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 96,786 shares of the company’s stock valued at $4,894,000 after purchasing an additional 75,784 shares during the last quarter. Argent Advisors Inc. grew its stake in shares of iShares Ultra Short-Term Bond Active ETF by 9.7% during the 1st quarter. Argent Advisors Inc. now owns 5,296 shares of the company’s stock valued at $268,000 after buying an additional 467 shares during the period. 49 Wealth Management LLC increased its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 4.9% during the 1st quarter. 49 Wealth Management LLC now owns 377,155 shares of the company’s stock worth $18,982,000 after buying an additional 17,495 shares during the last quarter. Finally, InterOcean Capital Group LLC purchased a new position in shares of iShares Ultra Short-Term Bond Active ETF in the 1st quarter worth $219,000.

iShares Ultra Short-Term Bond Active ETF Price Performance

ICSH stock traded up $0.02 during trading on Friday, reaching $50.66. 1,692,244 shares of the stock traded hands. The business’s 50 day moving average price is $50.63 and its 200-day moving average price is $50.52. iShares Ultra Short-Term Bond Active ETF has a 52-week low of $49.98 and a 52-week high of $50.54.

iShares Ultra Short-Term Bond Active ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.2233 per share. The ex-dividend date was Tuesday, September 3rd. This is a boost from iShares Ultra Short-Term Bond Active ETF’s previous dividend of $0.22.

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.