Cornerstone Management Inc. Cuts Position in iShares Ultra Short-Term Bond Active ETF (BATS:ICSH)

Cornerstone Management Inc. reduced its stake in shares of iShares Ultra Short-Term Bond Active ETF (BATS:ICSH) by 93.4% in the fourth quarter, HoldingsChannel reports. The firm owned 5,398 shares of the company’s stock after selling 76,616 shares during the period. Cornerstone Management Inc.’s holdings in iShares Ultra Short-Term Bond Active ETF were worth $272,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in ICSH. Optas LLC boosted its stake in iShares Ultra Short-Term Bond Active ETF by 46.0% in the fourth quarter. Optas LLC now owns 7,300 shares of the company’s stock valued at $368,000 after acquiring an additional 2,300 shares in the last quarter. Resonant Capital Advisors LLC grew its stake in iShares Ultra Short-Term Bond Active ETF by 3.7% during the 4th quarter. Resonant Capital Advisors LLC now owns 207,541 shares of the company’s stock worth $10,466,000 after buying an additional 7,391 shares during the last quarter. Panoramic Investment Advisors LLC increased its position in iShares Ultra Short-Term Bond Active ETF by 6.5% during the 4th quarter. Panoramic Investment Advisors LLC now owns 46,793 shares of the company’s stock valued at $2,360,000 after buying an additional 2,865 shares in the last quarter. CGC Financial Services LLC raised its stake in iShares Ultra Short-Term Bond Active ETF by 1.9% in the fourth quarter. CGC Financial Services LLC now owns 12,980 shares of the company’s stock valued at $655,000 after buying an additional 246 shares during the last quarter. Finally, Round Rock Advisors LLC boosted its holdings in iShares Ultra Short-Term Bond Active ETF by 63.0% in the fourth quarter. Round Rock Advisors LLC now owns 11,620 shares of the company’s stock worth $586,000 after acquiring an additional 4,490 shares in the last quarter.

iShares Ultra Short-Term Bond Active ETF Stock Down 0.1 %

Shares of iShares Ultra Short-Term Bond Active ETF stock opened at $50.47 on Tuesday. The company has a 50 day moving average price of $50.51 and a 200 day moving average price of $50.57. iShares Ultra Short-Term Bond Active ETF has a 52 week low of $49.98 and a 52 week high of $50.54.

iShares Ultra Short-Term Bond Active ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be paid a $0.1981 dividend. The ex-dividend date is 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.