Bank of Marin Increases Stock Holdings in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Bank of Marin increased its stake in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 5.6% in the fourth quarter, HoldingsChannel reports. The firm owned 11,266 shares of the company’s stock after buying an additional 596 shares during the quarter. Bank of Marin’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $568,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Argent Advisors Inc. boosted its stake in iShares Ultra Short-Term Bond Active ETF by 8.9% in the 4th quarter. Argent Advisors Inc. now owns 6,146 shares of the company’s stock worth $310,000 after buying an additional 501 shares during the last quarter. Edgemoor Investment Advisors Inc. lifted its position in iShares Ultra Short-Term Bond Active ETF by 7.4% during the 4th quarter. Edgemoor Investment Advisors Inc. now owns 223,037 shares of the company’s stock worth $11,248,000 after acquiring an additional 15,353 shares in the last quarter. Wealth Architects LLC lifted its position in iShares Ultra Short-Term Bond Active ETF by 6.2% during the 4th quarter. Wealth Architects LLC now owns 43,296 shares of the company’s stock worth $2,183,000 after acquiring an additional 2,516 shares in the last quarter. Clearwater Capital Advisors LLC acquired a new position in iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth approximately $486,000. Finally, Signaturefd LLC lifted its position in iShares Ultra Short-Term Bond Active ETF by 8.4% during the 4th quarter. Signaturefd LLC now owns 314,683 shares of the company’s stock worth $15,869,000 after acquiring an additional 24,350 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Price Performance

iShares Ultra Short-Term Bond Active ETF stock opened at $50.57 on Wednesday. iShares Ultra Short-Term Bond Active ETF has a one year low of $50.29 and a one year high of $50.77. The stock’s 50 day moving average price is $50.56 and its 200 day moving average price is $50.56.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The firm also recently disclosed 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.