Snider Financial Group Lowers Position in BlackRock Ultra Short-Term Bond ETF (BATS:ICSH)

Snider Financial Group cut its stake in shares of BlackRock Ultra Short-Term Bond ETF (BATS:ICSH – Get Rating) by 2.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 169,099 shares of the company’s stock after selling 4,560 shares during the period. BlackRock Ultra Short-Term Bond ETF comprises 4.7% of Snider Financial Group’s portfolio, making the stock its 6th biggest holding. Snider Financial Group’s holdings in BlackRock Ultra Short-Term Bond ETF were worth $8,462,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of ICSH. Almanack Investment Partners LLC. bought a new stake in shares of BlackRock Ultra Short-Term Bond ETF during the third quarter valued at about $58,000. CoreCap Advisors LLC bought a new position in shares of BlackRock Ultra Short-Term Bond ETF in the fourth quarter worth $63,000. Stonebridge Capital Advisors LLC bought a new position in shares of BlackRock Ultra Short-Term Bond ETF in the third quarter worth approximately $68,000. Hollencrest Capital Management bought a new position in shares of BlackRock Ultra Short-Term Bond ETF in the fourth quarter worth approximately $131,000. Finally, Blue Edge Capital LLC bought a new position in shares of BlackRock Ultra Short-Term Bond ETF in the third quarter worth approximately $222,000.

BlackRock Ultra Short-Term Bond ETF Stock Down 0.0 %

ICSH traded down $0.02 during trading on Friday, reaching $50.22. The stock had a trading volume of 1,580,895 shares. BlackRock Ultra Short-Term Bond ETF has a one year low of $49.98 and a one year high of $50.54. The business has a 50-day moving average of $50.21 and a 200-day moving average of $50.13.

BlackRock Ultra Short-Term Bond ETF Profile

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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.