Physician Wealth Advisors Inc. Takes $50,000 Position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Physician Wealth Advisors Inc. bought a new stake in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,000 shares of the company’s stock, valued at approximately $50,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ariadne Wealth Management LP raised its stake in shares of iShares Ultra Short-Term Bond Active ETF by 421.8% in the 4th quarter. Ariadne Wealth Management LP now owns 248,889 shares of the company’s stock valued at $12,576,000 after purchasing an additional 201,188 shares in the last quarter. TAGStone Capital Inc. raised its stake in iShares Ultra Short-Term Bond Active ETF by 238.3% during the fourth quarter. TAGStone Capital Inc. now owns 47,026 shares of the company’s stock valued at $2,371,000 after buying an additional 33,127 shares in the last quarter. Clune & Associates LTD. bought a new position in iShares Ultra Short-Term Bond Active ETF during the 4th quarter worth approximately $745,000. LPL Financial LLC grew its position in shares of iShares Ultra Short-Term Bond Active ETF by 3.3% in the 4th quarter. LPL Financial LLC now owns 1,714,833 shares of the company’s stock worth $86,479,000 after acquiring an additional 55,160 shares in the last quarter. Finally, M Holdings Securities Inc. bought a new stake in shares of iShares Ultra Short-Term Bond Active ETF in the 4th quarter valued at approximately $29,000.

iShares Ultra Short-Term Bond Active ETF Stock Performance

Shares of ICSH opened at $50.69 on Tuesday. The business’s fifty day moving average price is $50.58 and its 200 day moving average price is $50.56. iShares Ultra Short-Term Bond Active ETF has a 12-month low of $50.29 and a 12-month high of $50.77.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given 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.