Flynn Zito Capital Management LLC Sells 1,687 Shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Flynn Zito Capital Management LLC trimmed its position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 22.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 5,850 shares of the company’s stock after selling 1,687 shares during the quarter. Flynn Zito Capital Management LLC’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $295,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton boosted its holdings in shares of iShares Ultra Short-Term Bond Active ETF by 159.0% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 650 shares of the company’s stock valued at $33,000 after purchasing an additional 399 shares in the last quarter. Hoese & Co LLP bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth $43,000. Western Pacific Wealth Management LP acquired a new stake in iShares Ultra Short-Term Bond Active ETF in the third quarter valued at about $51,000. WASHINGTON TRUST Co grew its position in iShares Ultra Short-Term Bond Active ETF by 50.0% in the fourth quarter. WASHINGTON TRUST Co now owns 1,500 shares of the company’s stock valued at $76,000 after acquiring an additional 500 shares during the last quarter. Finally, Assetmark Inc. raised 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 acquiring an additional 724 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Performance

ICSH opened at $50.66 on Thursday. The company’s 50 day moving average is $50.52 and its 200-day moving average is $50.57. iShares Ultra Short-Term Bond Active ETF has a 1-year low of $49.98 and a 1-year high of $50.54.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The business also recently announced 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.