MAI Capital Management Has $350,000 Position in iShares Ultra Short-Term Bond Active ETF $ICSH

MAI Capital Management lessened its holdings in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 16.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,893 shares of the company’s stock after selling 1,349 shares during the quarter. MAI Capital Management’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $350,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ICSH. Costello Asset Management INC acquired a new position in iShares Ultra Short-Term Bond Active ETF in the 1st quarter valued at approximately $26,000. MJT & Associates Financial Advisory Group Inc. grew its stake in shares of iShares Ultra Short-Term Bond Active ETF by 136.7% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 613 shares of the company’s stock worth $31,000 after purchasing an additional 354 shares during the last quarter. Harbor Asset Planning Inc. bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the second quarter worth $41,000. AdvisorNet Financial Inc increased its holdings in iShares Ultra Short-Term Bond Active ETF by 40.9% in the second quarter. AdvisorNet Financial Inc now owns 2,043 shares of the company’s stock valued at $104,000 after purchasing an additional 593 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in iShares Ultra Short-Term Bond Active ETF by 185.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,544 shares of the company’s stock worth $129,000 after purchasing an additional 1,653 shares during the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Up 0.4%

Shares of ICSH opened at $50.73 on Thursday. iShares Ultra Short-Term Bond Active ETF has a 12 month low of $50.33 and a 12 month high of $50.77. The stock’s 50-day moving average price is $50.67 and its two-hundred day moving average price is $50.63.

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.