Zhang Financial LLC Has $847,000 Stock Position in BlackRock Ultra Short-Term Bond ETF (BATS:ICSH)

Zhang Financial LLC reduced its stake in BlackRock Ultra Short-Term Bond ETF (BATS:ICSH) by 55.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 16,814 shares of the company’s stock after selling 21,041 shares during the period. Zhang Financial LLC’s holdings in BlackRock Ultra Short-Term Bond ETF were worth $847,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Strategic Blueprint LLC lifted its stake in BlackRock Ultra Short-Term Bond ETF by 1.6% in the third quarter. Strategic Blueprint LLC now owns 20,715 shares of the company’s stock valued at $1,044,000 after buying an additional 317 shares during the period. SageView Advisory Group LLC lifted its stake in BlackRock Ultra Short-Term Bond ETF by 0.7% in the third quarter. SageView Advisory Group LLC now owns 79,435 shares of the company’s stock valued at $4,002,000 after buying an additional 544 shares during the period. Cornerstone Planning Group LLC acquired a new position in BlackRock Ultra Short-Term Bond ETF in the second quarter valued at approximately $29,000. Sunbelt Securities Inc. acquired a new position in BlackRock Ultra Short-Term Bond ETF in the second quarter valued at approximately $38,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in BlackRock Ultra Short-Term Bond ETF in the fourth quarter valued at approximately $42,000.

BlackRock Ultra Short-Term Bond ETF Price Performance

Shares of ICSH opened at $50.44 on Friday. BlackRock Ultra Short-Term Bond ETF has a 52-week low of $49.98 and a 52-week high of $50.54. The business’s 50 day moving average price is $50.44 and its two-hundred day moving average price is $50.39.

BlackRock Ultra Short-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2276 per share. This is a positive change from BlackRock Ultra Short-Term Bond ETF’s previous dividend of $0.20. The ex-dividend date was Monday, April 1st.

BlackRock Ultra Short-Term Bond ETF Company 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.