BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) Sets New 1-Year High at $50.77

Shares of BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $50.77 and last traded at $50.75, with a volume of 1025101 shares traded. The stock had previously closed at $50.75.

BlackRock Ultra Short-Term Bond ETF Stock Performance

The stock has a 50-day moving average price of $50.62 and a 200 day moving average price of $50.50.

BlackRock Ultra Short-Term Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.2233 dividend. This is a positive change from BlackRock Ultra Short-Term Bond ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. SOA Wealth Advisors LLC. acquired a new stake in BlackRock Ultra Short-Term Bond ETF in the 2nd quarter valued at $44,000. InterOcean Capital Group LLC acquired a new stake in shares of BlackRock Ultra Short-Term Bond ETF in the first quarter valued at about $219,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of BlackRock Ultra Short-Term Bond ETF during the second quarter worth about $253,000. Argent Advisors Inc. increased its stake in shares of BlackRock Ultra Short-Term Bond ETF by 9.7% during the first quarter. Argent Advisors Inc. now owns 5,296 shares of the company’s stock worth $268,000 after purchasing an additional 467 shares in the last quarter. Finally, Hexagon Capital Partners LLC raised its position in shares of BlackRock Ultra Short-Term Bond ETF by 25.3% during the 2nd quarter. Hexagon Capital Partners LLC now owns 15,672 shares of the company’s stock worth $792,000 after purchasing an additional 3,166 shares during the last quarter.

About BlackRock Ultra Short-Term Bond 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.